United Way of Rockland County

Analysis

United Way of Rockland County is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in November 1965, 61 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Way of Rockland County reported income of $596k and spending of $755k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $681k to $596k (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 61%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Rockland County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Hoffberger Family Fund Inc ($596k), Millersport Lions Sweet Corn Festival ($596k) and Muslim Welfare Association ($595k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $69k (9.1% of expenses). Other salaries and wages came to $124k. At year end it held assets of $424k against liabilities of $59k, net assets of $365k. It reported 4 employees.