United Way of Cayuga County Inc

Analysis

United Way of Cayuga County Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in March 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 Cayuga County Inc reported income of $944k and spending of $871k, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $981k to $944k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to June 2023, when income rose by 1369%. Over the whole period it spent 88% 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 Cayuga County Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Loblolly Community Foundation Inc ($943k), St Petersburg Foundation Inc ($944k) and Boise Bicycle Project Inc ($942k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.4% of the total. Other salaries and wages came to $174k. At year end it held assets of $3.4m against liabilities of $49k, net assets of $3.4m. It reported 4 employees.