United Way of the Yampa Valley

Analysis

United Way of the Yampa Valley is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in October 1985, 41 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 2023, United Way of the Yampa Valley reported income of $856k and spending of $874k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $725k to $856k (+18%), an average of +4.2% a year. The sharpest change came in the year to August 2020, when income rose by 19%. Over the whole period it spent 90% 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 the Yampa Valley sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Palette and Chisel Academy of Fine Arts ($856k), Temporary Emergency Services Inc ($856k) and Escambia Christian School Inc ($856k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $83k (9.5% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.5m against liabilities of $374k, net assets of $1.1m. It reported 9 employees.