United Way of Greater Richmond EIN 23-7375346

United Way of Greater Richmond

EIN  23-7375346 Public charity (501(c)(3)) Richmond, VA Founded 1911
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/17/26 · see original filing: IRS
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Size
$1–10M
What they do
Connects individuals in need to healthcare, mental health services, nutritious meals, secure housing, emergency shelter, utility assistance, and essential transportation.
Leadership
Barbara Couto Sipe · President & CEO · $188K
Money in and out
$7.1M revenue, $7.2M expenses
Bottom line
71% program efficiency

Connects individuals in need to healthcare, mental health services, nutritious meals, secure housing, emergency shelter, utility assistance, and essential transportation. For fiscal year 2025 it reported $7.1M in revenue, $7.2M in expenses, and $8.7M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$7.1M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$8.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$98K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.09 Fundraising $0.20
Program efficiency
71%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
20.8mo
months of highly liquid reserves at operating expense rate▲ +102% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -110% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$7.1M
FY2025▼ -47%
Expenses
$7.2M
FY2025▼ -47%
Total assets
$14.6M
FY2025▲ +11%
Total liabilities
$6.0M
FY2025▲ +30%
Total revenue
$7.1M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$8.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$98K
Total assetsPt X · Ln 16$14.6M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

3 program services account for $5.2M of program spending, described in the organization's own filed words · FY2024.
01

Thanks to the generous support of donors, corporate partners and volunteers, in FY25 we were able to support and impact 111,022 households through grants, signature programs and strategic initiatives.

$3.0Mprogram expense
02

Healthy Community

We connected 14,473 individuals to healthcare and 4,735 to mental health services. We provided 324,083 meals, supported 1,380 people in securing new housing, and enabled 27,692 nights of safe shelter. Energyshare assisted 12,596 households and rideshare provided 480 rides for essential needs.

$1.3Mprogram expense
03

Financial Security

We helped 11,415 individuals access financial education and services, including 1,934 who received financial counseling. 587 individuals secured affordable rental housing or homeownership. 217 vita program volunteers assisted 3,611 filers, returning $3.8 million in refunds.

$887Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnited Way of Greater Richmond
EINHdr · item D23-7375346
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jwww.yourunitedway.org
Year of formationHdr · item L1911
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1962

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President & CEO
$187,907Pt VII · Sec A
VP of Programs & Admin
$137,823Pt VII · Sec A
VP of Com Impact
$129,609Pt VII · Sec A
Controller
$105,445Pt VII · Sec A
Chief Advancement Officer-Started 8/24
$39,393Pt VII · Sec A
Chief Strategy Officer-Started 9/24
$31,977Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Barbara Couto Sipe$187,907$100,032
James L M Taylor$182,050$177,451$178,289$179,245
Angela Otto$137,823$173,904$117,701$104,074$101,208$98,885
Katina F Williams$129,609$22,762
Daniel Kearns$70,434$120,998$118,981
Joshua Epps$119,992$98,555
Paul Hunter$105,445$87,377$79,697
Brian Wachur$55,027$102,500$101,344$99,931

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$5.7M · 80%
Investment income$744K · 10%
Other revenue$693K · 10%
Contributions & grants80%$5.7M
Investment income10%$744K
Other revenue10%$693K
— government grantsLn 1e$239K
Total revenueLn 12$7.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.09 Fundraising $0.20
Program services71%$5.2M
Management & general9%$631K
Fundraising20%$1.4M
Total functional expensesLn 25$7.2M

Balance Sheet

Part X · end of year
CashLn 1$3.8M
Total assetsLn 16$14.6M
Total liabilitiesLn 26$6.0M
Total net assetsLn 32$8.7M
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.4M · Operating expenses (Pt IX) $7.2M · Less non-cash grants $59K · Cash operating expenses/yr $7.2M
20.8 months
Where the money goes
Program services
Program services $5.2M · Total expenses $7.2M
71%
Management & General
Management & general $631K · Total expenses $7.2M
9%
Fundraising
Fundraising $1.4M · Total expenses $7.2M
20%
Cost to raise $1
Fundraising expense (3-yr avg) $1.3M · Solicited contributions (3-yr avg) $10.6M
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.7M · Total revenue $7.1M
80%
Government reliance
Government grants $239K · Total revenue $7.1M
3%
Earned-income share
Program service revenue $0 · Total revenue $7.1M
0%
Investment reliance
Investment income $744K · Total revenue $7.1M
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $7.2M
0%
Growth & trend
Revenue growth (YoY)
This year $7.1M · Prior year $13.4M
-47%
Revenue CAGR
FY2019 $16.8M · FY2024 $7.1M
-16%
Net-asset trend (YoY)
End of year $8.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.1M · Expenses $7.2M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $14.6M
Net-asset ratio
Net assets $8.7M · Total assets $14.6M
59%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.5M · Other securities (Pt X, ln 12) $1.2M · Total assets (Pt X, ln 16) $14.6M
59%
People & payroll
Highest Reported Total Compensation
Individual Barbara Couto Sipe · Reported title PRESIDENT & CEO · Highest reported compensation $188K · Total expenses $7.2M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.7M · Total expenses $7.2M
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 9%
Fundraising cost ratio 25%
Revenue growth -47%
Investment management fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$103K
Grants paid · 607 grants · $58.6M · 2019–2024
Family LifelineVA · FY2024$214,200
YWCA RichmondVA · FY2024$114,800
Soar365 (formerly Greater Richmond Arc)VA · FY2024$56,200
Housing Families FirstVA · FY2024$54,000
Oar of Richmond INCVA · FY2024$53,000
The Salvation ArmyGA · FY2024$45,000
Jewish Family Services INCVA · FY2024$44,200
Quin Rivers INCVA · FY2024$43,000
St Joseph's VillaVA · FY2024$39,000
HomewardVA · FY2024$38,000
Cross-Over Ministry INCVA · FY2024$38,000
See all 607 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$7.1M revenue · viewing · ⤓ 990 PDF
FY2024$13.4M revenue · ⤓ 990 PDF
FY2023$16.2M revenue · ⤓ 990 PDF
FY2022$22.7M revenue · ⤓ 990 PDF
FY2021$25.1M revenue · ⤓ 990 PDF
FY2020$16.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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