United Way of the Bay Area

Analysis

United Way of the Bay Area is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1956, 70 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 the Bay Area reported income of $19.7m and spending of $25.1m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.3m to $19.7m (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 50%. Over the whole period it spent 93% 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 the Bay Area sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Baltimore Civic Fund Inc ($19.7m), East Tennessee Foundation ($19.8m) and Citrus Reserach and Field Trial Foundation Inc ($19.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $1.2m (4.9% of expenses). Other salaries and wages came to $6.4m. It paid $58k in professional fundraising fees. At year end it held assets of $35.8m against liabilities of $7.5m, net assets of $28.3m. It reported 76 employees.