United Way Of Greater Rochester And The Finger Lakes Inc
United Way of Greater Rochester shows fluctuating revenues and occasional operating deficits, maintaining substantial assets.
EIN: 161015782 · Rochester, NY · NTEE: T700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59.2M |
| Total Expenses | $38.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $161.9M |
| Transparency Score | 75/100 |
Is United Way Of Greater Rochester And The Finger Lakes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Way Of Greater Rochester And The Finger Lakes Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Way Of Greater Rochester And The Finger Lakes Inc
United Way Of Greater Rochester And The Finger Lakes Inc (EIN: 161015782) is a nonprofit organization based in Rochester, NY, classified under NTEE code T700. The organization reported total revenue of $59.2M and total assets of $183.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of Greater Rochester And The Finger Lakes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Way Of Greater Rochester And The Finger Lakes Inc is a major nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.6M |
| Total Expenses | $38.1M |
| Surplus / Deficit | $-3,490,563 |
| Total Assets | $183.2M |
| Total Liabilities | $21.3M |
| Net Assets | $161.9M |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 57.7 months |
Financial Health Grade: B
In 2024, United Way Of Greater Rochester And The Finger Lakes Inc reported a deficit of $3.5M with expenses exceeding revenue, holds 57.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), United Way Of Greater Rochester And The Finger Lakes Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.6% | -14.4% | +4.6% |
| 2023 | -30.6% | +2.8% | -7.6% |
| 2022 | -36.8% | -3.1% | -3.7% |
| 2021 | +50.3% | +15.2% | +52.9% |
| 2020 | +43.5% | +9.4% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Way Of Greater Rochester And The Finger Lakes Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, United Way Of Greater Rochester And The Finger Lakes Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
The provided data consistently reports 'Officer Comp=0%' across all filing periods, which is highly unusual for an organization with annual revenues in the tens of millions and assets exceeding $100 million. This suggests that executive compensation may be reported under a different category, paid by a related entity, or not disclosed in this specific field, making a direct analysis of executive compensation relative to organizational size impossible with the given information.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of United Way Of Greater Rochester And The Finger Lakes Inc's IRS 990 filings:
- Consistent reporting of 'Officer Comp=0%' for a large organization, raising transparency concerns regarding executive remuneration.
- Significant operating deficits in recent years (e.g., $13.2M in 2023, $3.5M in 2024) where expenses exceeded revenue.
- High volatility in annual revenue, making financial planning and sustainability potentially challenging.
Strengths
The following positive indicators were identified for United Way Of Greater Rochester And The Finger Lakes Inc:
- Substantial and consistent asset base, reaching $183,174,930 in the latest period, indicating strong financial reserves.
- Long history of IRS 990 filings (13 filings), suggesting established operations and compliance.
- Significant scale of operations, with annual expenses often exceeding $30 million, indicating broad community impact.
Frequently Asked Questions about United Way Of Greater Rochester And The Finger Lakes Inc
Is United Way Of Greater Rochester And The Finger Lakes Inc a legitimate charity?
United Way Of Greater Rochester And The Finger Lakes Inc (EIN: 161015782) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $59.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does United Way Of Greater Rochester And The Finger Lakes Inc spend its money?
United Way Of Greater Rochester And The Finger Lakes Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to United Way Of Greater Rochester And The Finger Lakes Inc tax-deductible?
United Way Of Greater Rochester And The Finger Lakes Inc is registered as a tax-exempt nonprofit (EIN: 161015782). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Way Of Greater Rochester And The Finger Lakes Inc CEO make?
United Way Of Greater Rochester And The Finger Lakes Inc's highest-compensated officer earns $100 annually. The organization reported $59.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of United Way Of Greater Rochester And The Finger Lakes Inc's spending goes to programs?
United Way Of Greater Rochester And The Finger Lakes Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does United Way Of Greater Rochester And The Finger Lakes Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), United Way Of Greater Rochester And The Finger Lakes Inc is above average for NTEE category T700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Way Of Greater Rochester And The Finger Lakes Inc located?
United Way Of Greater Rochester And The Finger Lakes Inc is headquartered in Rochester, New York and files with the IRS under EIN 161015782. It is classified under NTEE code T700.
How many years of IRS 990 filings does United Way Of Greater Rochester And The Finger Lakes Inc have?
United Way Of Greater Rochester And The Finger Lakes Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $59.2M in total revenue.
Why is 'Officer Comp=0%' reported across all filings for an organization of this size?
The consistent reporting of 'Officer Comp=0%' for an organization with revenues up to $71 million and assets over $180 million is highly unusual. It suggests that executive compensation might be reported under a different line item, paid by a related entity, or not captured in this specific data field, which impacts transparency regarding leadership remuneration.
What caused the significant revenue fluctuation, particularly the drop from $71.3M in 2021 to $34.6M in 2024?
The substantial fluctuation in revenue, such as the decrease from $71,376,155 in 2021 to $34,619,652 in 2024, could be due to the completion of large, time-limited grants, changes in fundraising campaign success, or economic factors affecting donations. Understanding the specific drivers would provide insight into revenue stability.
How does the organization manage its operating deficits, such as in 2024 ($3.5M deficit) and 2023 ($13.2M deficit)?
The organization experienced operating deficits in several periods, notably $3,490,563 in 2024 and $13,215,905 in 2023. It's important to understand if these deficits are planned (e.g., drawing from reserves for specific projects) or indicative of ongoing financial challenges, and how they are covered without significantly eroding the substantial asset base.
Filing History
IRS 990 filing history for United Way Of Greater Rochester And The Finger Lakes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), United Way Of Greater Rochester And The Finger Lakes Inc's revenue has declined by 25.4%, moving from $46.4M to $34.6M. Total assets increased by 29.4% over the same period, from $141.5M to $183.2M. Total functional expenses rose by 2.3%, from $37.3M to $38.1M. In its most recent filing year (2024), United Way Of Greater Rochester And The Finger Lakes Inc reported a deficit of $3.5M, with expenses exceeding revenue. The organization holds $21.3M in liabilities against $183.2M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $161.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $34.6M | $38.1M | $183.2M | $21.3M | — | — |
| 2023 | $31.3M | $44.5M | $175.1M | $22.4M | — | — |
| 2022 | $45.1M | $43.3M | $189.5M | $11.2M | — | View 990 |
| 2021 | $71.4M | $44.7M | $196.7M | $10.5M | — | — |
| 2020 | $47.5M | $38.8M | $128.7M | $13.6M | — | View 990 |
| 2019 | $33.1M | $35.4M | $149.9M | $12.6M | — | View 990 |
| 2018 | $41.1M | $34.6M | $154.8M | $12.7M | — | View 990 |
| 2017 | $32.1M | $32.6M | $148.4M | $13.4M | — | View 990 |
| 2016 | $32.7M | $34.2M | $140.9M | $15.1M | — | View 990 |
| 2015 | $35.4M | $34.1M | $151.5M | $17.5M | — | View 990 |
| 2014 | $36.9M | $34.0M | $155.0M | $14.0M | — | View 990 |
| 2013 | $38.1M | $42.4M | $145.9M | $16.5M | — | View 990 |
| 2012 | $46.4M | $37.3M | $141.5M | $13.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $34.6M, expenses of $38.1M, and assets of $183.2M (revenue +10.6% year-over-year).
- 2023: Revenue of $31.3M, expenses of $44.5M, and assets of $175.1M (revenue -30.6% year-over-year).
- 2022: Revenue of $45.1M, expenses of $43.3M, and assets of $189.5M (revenue -36.8% year-over-year).
- 2021: Revenue of $71.4M, expenses of $44.7M, and assets of $196.7M (revenue +50.3% year-over-year).
- 2020: Revenue of $47.5M, expenses of $38.8M, and assets of $128.7M (revenue +43.5% year-over-year).
- 2019: Revenue of $33.1M, expenses of $35.4M, and assets of $149.9M (revenue -19.5% year-over-year).
- 2018: Revenue of $41.1M, expenses of $34.6M, and assets of $154.8M (revenue +27.9% year-over-year).
- 2017: Revenue of $32.1M, expenses of $32.6M, and assets of $148.4M (revenue -1.8% year-over-year).
- 2016: Revenue of $32.7M, expenses of $34.2M, and assets of $140.9M (revenue -7.6% year-over-year).
- 2015: Revenue of $35.4M, expenses of $34.1M, and assets of $151.5M (revenue -3.9% year-over-year).
- 2014: Revenue of $36.9M, expenses of $34.0M, and assets of $155.0M (revenue -3.3% year-over-year).
- 2013: Revenue of $38.1M, expenses of $42.4M, and assets of $145.9M (revenue -17.9% year-over-year).
- 2012: Revenue of $46.4M, expenses of $37.3M, and assets of $141.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Way Of Greater Rochester And The Finger Lakes Inc:
Data Sources and Methodology
This transparency report for United Way Of Greater Rochester And The Finger Lakes Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.