United Way of Wyoming Valley

Analysis

United Way of Wyoming Valley is a registered charity in United States, based in Wilkesbarre, PA. It received its IRS tax-exemption ruling in April 1958, 68 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, United Way of Wyoming Valley reported income of $9.3m and spending of $8.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 88% 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 Wyoming Valley sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Jewish Federation of Greater Seattle ($9.3m), Petoskey-Harbor Springs Area Community Foundation ($9.3m) and Gaston Community Foundation ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $327k (4.0% of expenses). Other salaries and wages came to $904k. At year end it held assets of $28.4m against liabilities of $3.0m, net assets of $25.4m. It reported 30 employees.