United Way of Yavapai County Inc

Analysis

United Way of Yavapai County Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in April 1989, 37 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, United Way of Yavapai County Inc reported income of $606k and spending of $754k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $429k to $606k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 720%. Over the whole period it spent 49% 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 Yavapai County Inc 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 73rd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Sturgeon Bay Visitor & Convention Bureau Inc ($606k), Kaplan Family Foundation Inc ($606k) and Looking Above and Beyond Inc ($605k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $56k (7.4% of expenses). Other salaries and wages came to $100k. At year end it held assets of $3.4m against liabilities of $38k, net assets of $3.4m. It reported 5 employees.