United Way of Northeast Arkansas

Analysis

United Way of Northeast Arkansas is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Northeast Arkansas reported income of $914k and spending of $813k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $914k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Northeast Arkansas sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Spur Local Inc ($914k), Dan Gibbons Turkey Trot Foundation ($915k) and Sarah Foundation Inc ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $69k (8.4% of expenses). Other salaries and wages came to $120k. At year end it held assets of $1.2m against liabilities of $548k, net assets of $646k. It reported 7 employees.