United Way of the Adirondack Region Inc

Analysis

United Way of the Adirondack Region Inc is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in July 1972, 54 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of the Adirondack Region Inc reported income of $592k and spending of $898k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $806k to $592k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 110% 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 the Adirondack Region Inc 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 Serve Your City ($591k), Military Support Groups of America ($592k) and American Friends of Shimon Hatzadik ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $98k (11% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.5m against liabilities of $360k, net assets of $1.1m. It reported 10 employees.