Tioga United Way Inc

Analysis

Tioga United Way Inc is a registered charity in United States, based in Owego, NY. It received its IRS tax-exemption ruling in June 1971, 55 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, Tioga United Way Inc reported income of $232k and spending of $309k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $232k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tioga United Way Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Friends of Christs Hospital ($232k), Fox & Roach-Trident Charities ($232k) and Oakleaf Endowment Trust Fbo Connecticut College ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). Other salaries and wages came to $14k. At year end it held assets of $477k against liabilities of $4,621, net assets of $473k. It reported 2 employees.