United Way of Greater Houston

Analysis

United Way of Greater Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1960, 66 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 March 2024, United Way of Greater Houston reported income of $65.3m and spending of $61.3m, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $72.5m to $65.3m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to March 2022, when income dropped by 33%. Over the whole period it spent 107% 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 Greater Houston sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include United Way of New York City ($65.2m), Sacramento Region Community Foundation ($65.8m) and Volunteer Florida Foundation Inc ($64.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $1.8m (2.9% of expenses). Other salaries and wages came to $12.5m. It paid $96k in professional fundraising fees. At year end it held assets of $92.4m against liabilities of $38.1m, net assets of $54.3m. It reported 224 employees.