United Way Services Corporation

Analysis

United Way Services Corporation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in October 1976, 50 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 August 2023, United Way Services Corporation reported income of $108k and spending of $94k, spending 87% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $105k to $108k (+3.1%), an average of +1.0% a year. The sharpest change came in the year to August 2021, when income rose by 1300%. Over the whole period it spent 153% 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 Services Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Duckfest Inc ($108k), Ardmore Foundation Inc ($108k) and Dog Rescue Fund Inc ($108k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $346, net assets of $86k.