United Way of Central Eastern California Inc

Analysis

United Way of Central Eastern California Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in June 1965, 61 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 Central Eastern California Inc reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.9m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 102% 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 Central Eastern California Inc 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 CA. Charities of a similar size with the same main cause include Jewish Federation of Greater Ann Arbor ($2.9m), Will Rogers Heritage Inc C/O Will Rogers Memorial ($2.9m) and Youth Wintersports Alliance ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $132k (4.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $1.2m, net assets of $699k. It reported 27 employees.