United Way for Greater Austin

Analysis

United Way for Greater Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1953, 73 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 for Greater Austin reported income of $16.8m and spending of $18.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.2m to $16.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 89% 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 for Greater Austin sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Freedom Fund ($16.7m), Community Foundation of Northern Illinois ($17.0m) and United Way of South Hampton Roads ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $559k (3.1% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $20.1m against liabilities of $3.8m, net assets of $16.2m. It reported 139 employees.