United Way of Long Island

Analysis

United Way of Long Island is a registered charity in United States, based in Deer Park, NY. It received its IRS tax-exemption ruling in January 1965, 61 years ago. 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, United Way of Long Island reported income of $14.9m and spending of $14.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.1m to $14.9m (-13%), an average of -3.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Long Island sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Wal-Mart Associates in Critical Need Fund ($14.9m), Detroit Community Health Connection Inc ($14.9m) and Union Gospel Mission of Yakima Wash ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $381k (2.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.9m against liabilities of $6.3m, net assets of $8.6m. It reported 48 employees.