Franklin-southampton Area United Way is a 501(c)(3) organization based in Franklin, Virginia, registered in 1985, with $187,142 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$187K
▼ 0.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$169K
Net assets
$396K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Franklin-southampton Area United Way— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franklin-southampton Area United Way: 28 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Franklin-southampton Area United Way— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franklin-southampton Area United Way: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $158K (FY2018) to $187K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
9.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$440K
Total liabilities
$44K
Net assets
$396K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $187,142▼0.6% | $168,942▲6.6% | $396,428▲9.3% | $440,283▲8.1% | 990 |
| 2023 | $188,270▼5.6% | $158,542▼16.4% | $362,862▲12.9% | $407,261▲6.6% | 990 |
| 2022 | $199,477▼15.1% | $189,695▼1.8% | $321,519▼7.6% | $382,158▼6.1% | 990 |
| 2021 | $234,883▲40.6% | $193,144▲21.7% | $347,986▲15.1% | $407,086▲15.5% | 990 |
| 2020 | $167,007▲4.3% | $158,740▼4.3% | $302,246▲7.0% | $352,587▲4.7% | 990 |
| 2019 | $160,082▲1.4% | $165,788▼1.1% | $282,500▲4.6% | $336,678▲11.9% | 990 |
| 2018 | $157,921 | $167,611 | $270,039 | $300,896 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Franklin-southampton Area United Way totaling $76K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Blackbaud Giving Fund | General support | 2022 | $16,235 |
| United Way Worldwide | Covid relief | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $50,000 |
Explore more
Data for Franklin-southampton Area United Way (EIN 54-6043915) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.