United Way of Spokane County

Analysis

United Way of Spokane County is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 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 2022, United Way of Spokane County reported income of $2.8m and spending of $3.2m, spending 113% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $3.8m to $2.8m (-25%), an average of -9.3% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 103% 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 Spokane County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Kipp Lynn Fund Inc ($2.8m), Seacrest Foundation ($2.8m) and Opportunity Networks Inc ($2.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $209k (6.6% of expenses). Other salaries and wages came to $634k. At year end it held assets of $2.7m against liabilities of $211k, net assets of $2.5m. It reported 25 employees.