United Way of South Texas

Analysis

United Way of South Texas is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in April 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 December 2023, United Way of South Texas reported income of $2.2m and spending of $2.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.2m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 102% 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 South Texas 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 Wild Sheep Legacy Foundation ($2.2m), Raleigh-Cary Jewish Federation Inc ($2.2m) and Cattlemens Ball of Nebraska Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $103k (4.5% of expenses). Other salaries and wages came to $277k. At year end it held assets of $5.2m against liabilities of $34k, net assets of $5.1m. It reported 9 employees.