United Way of Asheville & Buncombe County Inc
Only null% goes to programs Strong reserves
United Way of Asheville & Buncombe County Inc is a 501(c)(3) organization based in Asheville, North Carolina, registered in 1971, with $6,224,908 in FY2023 revenue. CharityIndex grades it B.
50 S French Broad Ave, Asheville, NC, 28801 EIN 56-0576157 Since 1971
Revenue (FY2023)
$6.2M
▲ 22.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$5.4M
Net assets
$7.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 United Way of Asheville & Buncombe County Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +13% margin
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 United Way of Asheville & Buncombe County Inc: 17 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 United Way of Asheville & Buncombe County Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 United Way of Asheville & Buncombe County Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 50 S French Broad Ave, Asheville, NC, 28801
- City
- Asheville
- State
- North Carolina
- Subcategory
- Federated Giving Programs
- Website
- …
Financial trends
Revenue grew from $5.1M (FY2013) to $6.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $613KNet assets $7.8M
Operating margin
12.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$613K
Net assets
$7.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,224,908▲22.6% | $5,443,237▲3.2% | $7,824,703▲15.4% | $8,437,509▲5.0% | 990 |
| 2022 | $5,078,565▼19.0% | $5,273,841▼3.7% | $6,779,988▼0.5% | $8,032,072▲0.5% | 990 |
| 2021 | $6,267,887▲2.7% | $5,478,015▲1.3% | $6,811,676▼0.1% | $7,990,158▼4.2% | 990 |
| 2020 | $6,101,037▲42.7% | $5,408,819▲33.3% | $6,818,211▲21.4% | $8,337,035▲24.4% | 990 |
| 2019 | $4,276,781▼17.4% | $4,057,755▼15.4% | $5,614,273▼0.6% | $6,700,371▼9.3% | 990 |
| 2018 | $5,177,299▼12.6% | $4,795,301▲0.2% | $5,650,081▲3.0% | $7,387,950▼3.0% | 990 |
| 2017 | $5,922,187▲12.1% | $4,784,977▲2.4% | $5,484,722▲21.7% | $7,617,982▲15.4% | 990 |
| 2016 | $5,281,762▲2.4% | $4,672,073▼5.1% | $4,507,163▲17.7% | $6,603,286▲1.2% | 990 |
| 2015 | $5,157,329▲3.7% | $4,925,288▼1.1% | $3,827,864▲3.4% | $6,525,368▼2.0% | 990 |
| 2014 | $4,971,621▼2.6% | $4,980,624▲1.2% | $3,703,448▼27.1% | $6,657,060▼18.0% | 990 |
| 2013 | $5,101,809 | $4,919,406▼3.2% | $5,081,714▲32.1% | $8,115,127▲12.5% | 990 |
| 2009 | — | $5,080,684 | $3,845,933 | $7,211,470 | 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.
Grants received · $6.1M total
120 grants to United Way of Asheville & Buncombe County Inc totaling $6.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2024 | $433,551 |
| Foundation For the Carolinas | Charitable gift | 2024 | $175,000 |
| American Online Giving Foundation Inc | General support | 2024 | $151,918 |
| Charities Aid Foundation America | Charitable donation | 2024 | $144,181 |
| American Endowment Foundation | Philanthropy | 2024 | $94,500 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $64,700 |
| Paypal Charitable Giving Fund | General support | 2024 | $63,376 |
| Globalgiving Foundation Inc | Funds raised by globalgiving and disbursed to meet donor expectations | 2024 | $37,500 |
| The Community Fdn of Middle Tn Inc | With love from outlaw state of kind | 2024 | $35,000 |
| American Gift Fund | Operations | 2024 | $32,000 |
| The Blackbaud Giving Fund | General support | 2024 | $28,940 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $20,550 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $20,325 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| The Bessemer Giving Fund | Disaster relief | 2024 | $18,000 |
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Frequently asked questions
- Is United Way of Asheville & Buncombe County Inc a legitimate nonprofit?
- Yes. United Way of Asheville & Buncombe County Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0576157, based in Asheville, North Carolina. Donations are tax-deductible.
- What is United Way of Asheville & Buncombe County Inc's EIN?
- United Way of Asheville & Buncombe County Inc's Employer Identification Number (EIN) is 56-0576157.
- How much revenue does United Way of Asheville & Buncombe County Inc report?
- United Way of Asheville & Buncombe County Inc reported $6,224,908 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does United Way of Asheville & Buncombe County Inc have?
- CharityIndex grades United Way of Asheville & Buncombe County Inc B, based on financial health (reserves and operating margin).
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Data for United Way of Asheville & Buncombe County Inc (EIN 56-0576157) 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.