Community United Way of Pioneer Valley Inc

Analysis

Community United Way of Pioneer Valley Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community United Way of Pioneer Valley Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.6m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community United Way of Pioneer Valley Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Royal Castle Child Development Center Inc ($1.6m), Sights for Hope ($1.6m) and TMP Enterprises Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $133k (7.6% of expenses). Other salaries and wages came to $481k. At year end it held assets of $5.3m against liabilities of $975k, net assets of $4.3m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.