United Way of the Brazos Valley Inc

Analysis

United Way of the Brazos Valley Inc is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in May 1981, 45 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 the Brazos Valley Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.4m to $1.6m (-33%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 99% 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 the Brazos Valley Inc 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 Good Projects ($1.6m), Haven of Rest Ministries Endowment Foundation ($1.6m) and Fu Jen University Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $73k (4.6% of expenses). Other salaries and wages came to $385k. At year end it held assets of $1.5m against liabilities of $931k, net assets of $520k. It reported 17 employees.