United Way of Beaumont & North Jefferson County

Analysis

United Way of Beaumont & North Jefferson County is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in June 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 of Beaumont & North Jefferson County reported income of $1.2m and spending of $1.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.2m (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 42%. Over the whole period it spent 109% 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 Beaumont & North Jefferson County 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 85th percentile within TX. Charities of a similar size with the same main cause include Korean American Foundation ($1.2m), Lemars Community School District Foundation ($1.2m) and Eagles Nest Ministries ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $125k (10% of expenses). Other salaries and wages came to $54k. At year end it held assets of $6.9m against liabilities of $1.1m, net assets of $5.8m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.