United Way of Northern Nevada and the Sierra

Analysis

United Way of Northern Nevada and the Sierra is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in July 1963, 63 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 Northern Nevada and the Sierra reported income of $4.8m and spending of $2.6m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $4.8m (+299%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 80% 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 Northern Nevada and the Sierra sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NV. Charities of a similar size with the same main cause include Oregon Jewish Community Foundation ($4.8m), United Way of Broome County Inc ($4.8m) and The Service Collaborative of Wny Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $165k (6.4% of expenses). Other salaries and wages came to $527k. At year end it held assets of $3.7m against liabilities of $673k, net assets of $3.0m. It reported 28 employees.