United Way of Buffalo and Erie County

Analysis

United Way of Buffalo and Erie County is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 1960, 66 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 March 2023, United Way of Buffalo and Erie County reported income of $14.9m and spending of $15.1m, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $17.9m to $14.9m (-17%), an average of -4.5% a year. Over the whole period it spent 103% 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 Buffalo and Erie County sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Fremont Area Community Foundation ($14.9m), Connecticut Community Foundation Inc ($14.9m) and Women Donors Network ($14.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $464k (3.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $29.4m against liabilities of $6.4m, net assets of $23.1m. It reported 53 employees.