United Way of Comal County

Analysis

United Way of Comal County is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in October 1992, 34 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 Comal County reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $1.4m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 89% 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 Comal County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Social Good Labs Incorporated ($1.4m), Allpeoplebehappy ($1.4m) and Periwinkle Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (7.5% of expenses). Other salaries and wages came to $167k. At year end it held assets of $1.4m against liabilities of $205k, net assets of $1.1m. It reported 4 employees.