United Way of the Greater Ft Hood Area

Analysis

United Way of the Greater Ft Hood Area is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in October 1972, 54 years ago. 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 2023, United Way of the Greater Ft Hood Area reported income of $781k and spending of $799k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $787k to $781k (-0.7%), an average of -0.2% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of the Greater Ft Hood Area sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Nonprofit Financial Services of San Antonio ($781k), Southampton History Museum ($781k) and Association for Supervisor and Curriculum Development ($781k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $290k. At year end it held assets of $770k against liabilities of $149k, net assets of $622k. It reported 8 employees.