United Way of Boone County Inc

Analysis

United Way of Boone County Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in May 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Boone County Inc reported income of $83k and spending of $84k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $83k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 141%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Boone County Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AR. Charities of a similar size with the same main cause include Islesboro Historical Society ($83k), CBM Ministries of MD ($83k) and Town of Wappinger Little League Association Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (16% of expenses). At year end it held assets of $78k against liabilities of $56k, net assets of $22k. It reported 1 employees.