Tiffin Seneca United Way Inc
Analysis
Tiffin Seneca United Way Inc is a registered charity in United States, based in Tiffin, OH. It received its IRS tax-exemption ruling in February 1954, 72 years ago. 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 April 2023, Tiffin Seneca United Way Inc reported income of $488k and spending of $463k, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $681k to $488k (-28%), an average of -8.0% a year. The sharpest change came in the year to April 2022, when income dropped by 38%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tiffin Seneca United Way Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Ridge Fire Company No 1 ($488k), Little League Baseball Inc ($488k) and Michigan Future Inc ($488k).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Other salaries and wages came to $118k. At year end it held assets of $1.1m against liabilities of $208k, net assets of $872k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 19%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ridge Fire Company No 1 | Spring City | $488k |
| Little League Baseball Inc | Staten Island | $488k |
| Michigan Future Inc | Ann Arbor | $488k |
| Art Start | St Paul | $488k |