United Way of Rusk County Inc

Analysis

United Way of Rusk County Inc is a registered charity in United States, based in Henderson, TX. It received its IRS tax-exemption ruling in June 2001, 25 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 Rusk County Inc reported income of $54k and spending of $13k, leaving 75% of income unspent that year. Across the 4 years on record, from September 2019 to December 2023, income fell from $215k to $54k (-75%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 82% 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 Rusk County Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Hospice Foundation of Ok Affiliated Fund of the Okc Community Foun Inc ($54k), Richard M Brodsky Foundation Inc ($54k) and A Taste of History ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $5,220 (39% of expenses). At year end it held assets of $212k against liabilities of $119k, net assets of $93k. It reported 2 employees.