Hutchinson County United Way Inc

Analysis

Hutchinson County United Way Inc is a registered charity in United States, based in Borger, TX. It received its IRS tax-exemption ruling in October 1958, 68 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 March 2024, Hutchinson County United Way Inc reported income of $1.9m and spending of $1.3m, leaving 34% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $790k to $1.9m (+142%), an average of +25% a year. The sharpest change came in the year to March 2024, when income rose by 121%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hutchinson County United Way Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Endometriosis Foundation of Americainc ($1.9m), Microgrants ($1.9m) and Charitysmith Nonprofit Foundation ($1.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 93% and program service revenue 5.8% of the total. Other salaries and wages came to $72k. At year end it held assets of $1.6m against liabilities of $637k, net assets of $994k. It reported 1 employees.