United Way of Whatcom County

Analysis

United Way of Whatcom County is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in July 1953, 73 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 Whatcom County reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.4m (-16%), an average of -5.5% a year. 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, United Way of Whatcom County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include United Way of Beaver County Incorporated ($1.4m), Chapel Hill Carrboro Public School Foundation ($1.4m) and United Way of the Eastern Panhandle Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (6.5% of expenses). Other salaries and wages came to $245k. At year end it held assets of $2.6m against liabilities of $64k, net assets of $2.5m. It reported 6 employees.