United Way of Lamar County

Analysis

United Way of Lamar County is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in October 1988, 38 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 Lamar County reported income of $829k and spending of $961k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $829k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 94% 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 Lamar County sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include MCCF Inc ($828k), The Cheesecake Factory-Oscar and Evelyn Overton Charitable Foundati ($829k) and United Way of Franklin County ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.1m against liabilities of $477k, net assets of $580k. It reported 3 employees.