United Way of Navarro County Texas Inc

Analysis

United Way of Navarro County Texas Inc is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in August 1960, 66 years ago. 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 August 2022, United Way of Navarro County Texas Inc reported income of $387k and spending of $359k, spending 93% of its income. Across the 4 years on record, from August 2019 to August 2022, income fell from $400k to $387k (-3.2%), an average of -1.1% a year. The sharpest change came in the year to August 2021, when income dropped by 31%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Navarro County Texas Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include LA Casa Del Tainos Housing Development Fund Company Inc ($387k), Volunteers of America Inc ($388k) and St Clare Apartments Housing Development Fund Company Inc ($387k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $53k (15% of expenses). At year end it held assets of $511k against liabilities of $497k, net assets of $14k. It reported 1 employees.