Lycoming County United Way Inc

Analysis

Lycoming County United Way Inc is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in August 1957, 69 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 June 2023, Lycoming County United Way Inc reported income of $997k and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $997k (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lycoming County United Way Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Wollaston Lutheran Foundation Inc ($996k), Durhamcares Inc ($998k) and The Kristen Ann Carr Fund ($996k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $104k (10% of expenses). Other salaries and wages came to $85k. At year end it held assets of $2.9m against liabilities of $142k, net assets of $2.8m. It reported 3 employees.