United Way of Southwest Oklahoma Inc

Analysis

United Way of Southwest Oklahoma Inc is a registered charity in United States, based in Lawton, OK. It received its IRS tax-exemption ruling in May 1957, 69 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 June 2023, United Way of Southwest Oklahoma Inc reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.2m (+2.3%), an average of +0.6% a year. Over the whole period it spent 98% 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 Southwest Oklahoma Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include FDP Foundation ($1.2m), WCTC Foundation Inc ($1.2m) and Mount Bethel Christian Academy Incorporated ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $79k (6.2% of expenses). Other salaries and wages came to $146k. At year end it held assets of $2.5m against liabilities of $200k, net assets of $2.3m. It reported 5 employees.