Central County United Way

Analysis

Central County United Way is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in February 1962, 64 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 2021, Central County United Way reported income of $267k and spending of $386k, spending 144% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $384k to $267k (-30%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 35%. Over the whole period it spent 124% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central County United Way sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Winter Haven Chamber Foundation Inc ($267k), Aaem Foundation Inc ($268k) and Tuw Joseph F Cannon Jr for the Grandfather Home for Children ($267k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 11% and program service revenue 51% of the total. Other salaries and wages came to $193k. At year end it held assets of $40k against liabilities of $112k, net assets of -$72k. It reported 11 employees.