United Way of Southern Cameron County

Analysis

United Way of Southern Cameron County is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Way of Southern Cameron County reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.5m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 239%. Over the whole period it spent 65% 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 Southern Cameron County sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include All Star Childrens Foundation Inc ($1.5m), Carrington Charitable Foundation ($1.5m) and United Way for Jackson George Greene Counties Mississppi Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $204k (13% of expenses). Other salaries and wages came to $292k. At year end it held assets of $7.2m against liabilities of $553k, net assets of $6.7m. It reported 25 employees.