United Way of Greater Rochester and the Finger Lakes Inc

Analysis

United Way of Greater Rochester and the Finger Lakes Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 2024, United Way of Greater Rochester and the Finger Lakes Inc reported income of $34.6m and spending of $38.1m, spending 110% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $47.5m to $34.6m (-27%), an average of -7.6% a year. The sharpest change came in the year to March 2021, when income rose by 50%. Over the whole period it spent 91% 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 Greater Rochester and the Finger Lakes Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include America Gives Inc ($34.3m), Visionfund International ($34.7m) and JFMC Facilities Corporation ($34.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $651k (1.7% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $183.2m against liabilities of $21.3m, net assets of $161.9m. It reported 118 employees.