United Way of Waco-mclennan County is a 501(c)(3) organization based in Waco, Texas, registered in 1953, with $973,392 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$973K
▼ 18.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$683K
Net assets
$842K
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 United Way of Waco-mclennan County— 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 United Way of Waco-mclennan County: 15 mo reserves · +30% 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 United Way of Waco-mclennan County— 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 United Way of Waco-mclennan County: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.0M (FY2013) to $973K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
29.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$443K
Net assets
$842K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $973,392▼18.9% | $683,293▼57.1% | $842,144▲94.3% | $1,285,381▼15.4% | 990 |
| 2023 | $1,199,798▲17.1% | $1,590,926▲26.7% | $433,405▼47.4% | $1,520,056▲18.8% | 990 |
| 2022 | $1,024,879▼34.4% | $1,255,473▲56.7% | $824,533▼28.1% | $1,279,246▲4.3% | 990 |
| 2021 | $1,563,457▼1.4% | $801,413▼56.4% | $1,146,193▲188% | $1,227,039▲18.5% | 990 |
| 2020 | $1,585,594▼0.4% | $1,839,647▼22.3% | $398,085▼39.8% | $1,035,168▼28.6% | 990 |
| 2019 | $1,591,512▼23.4% | $2,368,066▲45.5% | $661,047▼54.0% | $1,449,270▼9.3% | 990 |
| 2018 | $2,076,740▲57.3% | $1,627,072▼15.3% | $1,437,601▲45.5% | $1,598,071▲34.4% | 990 |
| 2017 | $1,319,870▼30.3% | $1,919,897▲5.2% | $987,933▼37.8% | $1,188,685▼37.4% | 990 |
| 2016 | $1,892,659▲3.4% | $1,825,608▼4.0% | $1,587,960▲4.4% | $1,897,486▲1.8% | 990 |
| 2015 | $1,830,132▼3.9% | $1,901,379▼5.8% | $1,520,909▼4.5% | $1,864,759▼5.1% | 990 |
| 2014 | $1,904,217▼3.9% | $2,018,225▼2.5% | $1,592,156▼6.7% | $1,965,456▼2.7% | 990 |
| 2013 | $1,981,765 | $2,069,563▲3.0% | $1,706,164▼4.9% | $2,020,225▼7.0% | 990 |
| 2012 | — | $2,009,200▼7.5% | $1,793,962▲7.5% | $2,172,304▲8.5% | 990 |
| 2011 | — | $2,173,088▼0.3% | $1,669,054▼15.8% | $2,001,843▼14.7% | 990 |
| 2010 | — | $2,180,682 | $1,981,185 | $2,347,030 | 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.
26 grants to United Way of Waco-mclennan County totaling $862K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Metropolitan Dallas Inc | Donor designations | 2024 | $46,456 |
| Charities Aid Foundation America | Charitable donation | 2024 | $14,231 |
| Tulsa Community Foundation | General operations | 2024 | $5,808 |
| Episcopal Health Foundation | Raise community voices | 2023 | $150,000 |
| United Way of San Antonio & Bexar County | Restricted to specific program | 2023 | $25,348 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $22,800 |
| Charities Aid Foundation America | Charitable donation | 2023 | $18,370 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $27,100 |
| United Way of Metropolitan Dallas Inc | Donor designations | 2022 | $24,150 |
| United Way of San Antonio & Bexar County | Restricted to specific program | 2022 | $18,831 |
| Charities Aid Foundation America | Charitable donation | 2022 | $14,919 |
| United Way Worldwide | Covid relief | 2022 | $10,000 |
| Episcopal Health Foundation | Raise community voices | 2021 | $200,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $57,500 |
| United Way of San Antonio & Bexar County | Restricted to specific program | 2021 | $16,899 |
Explore more
Data for United Way of Waco-mclennan County (EIN 74-1189027) 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.