United Way of New York State

Analysis

United Way of New York State is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in December 1991, 35 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 December 2023, United Way of New York State reported income of $481k and spending of $473k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $442k to $481k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% 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 New York State sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Taharusam Inc ($481k), Rescue Her Inc ($481k) and Community Foundation of San Carlos ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $135k (29% of expenses). Other salaries and wages came to $149k. At year end it held assets of $488k against liabilities of $19k, net assets of $469k. It reported 4 employees.