United Way of Benton & Franklin Counties

Analysis

United Way of Benton & Franklin Counties is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in January 1959, 67 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, United Way of Benton & Franklin Counties reported income of $2.3m and spending of $2.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 94% 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 Benton & Franklin Counties sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Toby Keith Foundation Inc ($2.3m), Bartlesville Community Foundation ($2.3m) and Looking Out Foundation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $193k (7.8% of expenses). Other salaries and wages came to $796k. At year end it held assets of $6.2m against liabilities of $790k, net assets of $5.4m. It reported 52 employees.