United Way of Tulare County

Analysis

United Way of Tulare County is a registered charity in United States, based in Tulare, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, United Way of Tulare County reported income of $958k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.1m to $958k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to March 2021, when income rose by 373%. Over the whole period it spent 99% 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 Tulare County sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include United Way of East Tennessee Highlands ($958k), Latrobe Foundation Inc ($959k) and Lamar Community College Foundation ($958k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $94k (8.7% of expenses). Other salaries and wages came to $238k. At year end it held assets of $1.1m against liabilities of $132k, net assets of $960k. It reported 8 employees.