United Way of Chaves County Foundation Inc

Analysis

United Way of Chaves County Foundation Inc is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Chaves County Foundation Inc reported income of $121k and spending of $12k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $121k (-92%), an average of -48% a year. The sharpest change came in the year to December 2021, when income rose by 230%. Over the whole period it spent 12% 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 Chaves County Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within NM. Charities of a similar size with the same main cause include Sons of Confederate Veterans Inc ($121k), Summit County Senior Citizens Inc ($121k) and Catskill Mountain Shakespeare Ltd ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.