United Way of Payne County Inc

Analysis

United Way of Payne County Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in September 1955, 71 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 Payne County Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.7% a year. Over the whole period it spent 91% 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 Payne County Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Marcum Foundation Inc ($1.3m), Barrow Community Foundation ($1.3m) and Founders of Doctors Hospital Inc ($1.3m).

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 $81k (7.3% of expenses). Other salaries and wages came to $54k. At year end it held assets of $2.1m against liabilities of $821k, net assets of $1.3m. It reported 5 employees.