United Way of Brazoria County

Analysis

United Way of Brazoria County is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in August 1966, 60 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 2024, United Way of Brazoria County reported income of $2.2m and spending of $2.4m, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $5.1m to $2.2m (-57%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 113% 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 Brazoria County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Eric and Tamar Goldstein Foundation ($2.2m), Hope Cancer Resources Foundation ($2.2m) and Score Foundation ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $187k (7.7% of expenses). Other salaries and wages came to $370k. At year end it held assets of $2.4m against liabilities of $278k, net assets of $2.1m. It reported 8 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.