UNITED WAY OF THE UPPER OHIO VALLEY INC
Mission Statement
Our United Way is widely a recognized and respected organization in the Upper Ohio Valley. We provide critical funding and services to our member agencies and other organizations who are meeting the priority needs of the community. This is accomplished through cost-effective, donor-oriented campaigns that consistently meet ever increasing goals. Volunteers are valued and utilized, including the active participation of a progression of community and business leaders, throughout all activities of our organization. We are efficient, accountable and responsive, working collaboratively with all donors, agencies and communities.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.4% | 90.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.7% | 7.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
939.1% | 7.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
45.0 mo | 106.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 90.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-25.5% | 4.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.6% | 2.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.4% | -10.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $922K | $954K | $3.6M | 74.4% | 6 |
| 2022 | $1.2M | $855K | $3.1M | 74.2% | 5 |
| 2021 | $1.3M | $911K | N/A | — | 6 |
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