Valley of the Sun United Way

Analysis

Valley of the Sun United Way is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1954, 72 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 June 2023, Valley of the Sun United Way reported income of $110.6m and spending of $112.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $94.2m to $110.6m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Valley of the Sun United Way sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Community FDN of Greater Des Moines ($109.1m), Jewish Federation of Cleveland ($113.3m) and Denver Foundation ($108.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $547k (0.5% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $108.5m against liabilities of $38.1m, net assets of $70.5m. It reported 128 employees.