United Way of Northern Cameron Co

Analysis

United Way of Northern Cameron Co is a registered charity in United States, based in Harlingen, TX. It received its IRS tax-exemption ruling in July 1954, 72 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 2022, United Way of Northern Cameron Co reported income of $296k and spending of $253k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $337k to $296k (-12%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. 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 Northern Cameron Co sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Copperleaf Charitable Foundation Inc ($296k), Community Inroads Inc ($296k) and Dolan Family Charities ($296k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $57k (22% of expenses). Other salaries and wages came to $480. At year end it held assets of $549k against liabilities of $31k, net assets of $518k. It reported 2 employees.