Ada Regional United Way Inc

Analysis

Ada Regional United Way Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in August 1974, 52 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, Ada Regional United Way Inc reported income of $261k and spending of $240k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $261k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ada Regional United Way Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within OK. Charities of a similar size with the same main cause include Banbury Cross Therapeutic Equestrian Center ($261k), Duncan Public Schools Foundation ($261k) and Thomas C & Sandra S Sullivan Foundation ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $55k. At year end it held assets of $511k against liabilities of $112k, net assets of $399k. It reported 1 employees.