Carthage Area United Way Inc

Analysis

Carthage Area United Way Inc is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in October 2003, 23 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, Carthage Area United Way Inc reported income of $272k and spending of $284k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $272k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carthage Area United Way Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Mielke Family Foundation Inc ($272k), Rockland Public Library Association ($273k) and Northern Illinois Research Foundation ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $38k. At year end it held assets of $334k against liabilities of $40k, net assets of $294k. It reported 2 employees.