United Way of Sullivan County Inc

Analysis

United Way of Sullivan County Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in April 1988, 38 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 Sullivan County Inc reported income of $110k and spending of $143k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $110k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 116% 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 Sullivan County Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Portsmouth Service League Incorporated ($110k), Hike for Mental Health Inc ($110k) and Delray Rocks Youth Football and Cheerleading Organization Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $37k (26% of expenses). Other salaries and wages came to $3,483. At year end it held assets of $167k against liabilities of $2,759, net assets of $164k. It reported 2 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.