United Way of Sidney New York Inc

Analysis

United Way of Sidney New York Inc is a registered charity in United States, based in Sidney, NY. It received its IRS tax-exemption ruling in November 1979, 47 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, United Way of Sidney New York Inc reported income of $124k and spending of $78k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $124k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 71% 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 Sidney New York Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Guilford Community Fund ($124k), Amanda W Lockey Foundation ($124k) and Irwin Green and Bethea Green Support Foundation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.