United Way Of The Southern Tier Inc
United Way Of The Southern Tier Inc maintains stable operations with increasing assets and liabilities, reporting 0% officer compensation.
EIN: 161451041 · Corning, NY · NTEE: T30J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $3.8M |
| Program Spending | 75% |
| Net Assets | $3.1M |
| Transparency Score | 80/100 |
Is United Way Of The Southern Tier 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 The Southern Tier Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Way Of The Southern Tier Inc
United Way Of The Southern Tier Inc (EIN: 161451041) is a nonprofit organization based in Corning, NY, classified under NTEE code T30J. The organization reported total revenue of $5.8M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of The Southern Tier Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Way Of The Southern Tier Inc is a mid-size nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$189K |
| Total Assets | $6.5M |
| Total Liabilities | $3.5M |
| Net Assets | $3.1M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 53.2% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2024, United Way Of The Southern Tier Inc reported a surplus of $189K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 53.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), United Way Of The Southern Tier Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.5% | -9.2% | -5.3% |
| 2023 | -16.8% | -5.1% | +6.5% |
| 2022 | +10.4% | +1.2% | +2.0% |
| 2021 | -2.1% | -5.7% | +4.0% |
| 2020 | +7.4% | +12.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 The Southern Tier Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, United Way Of The Southern Tier Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $189K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive salaries are categorized differently, which enhances transparency regarding direct officer pay.
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 The Southern Tier Inc's IRS 990 filings:
- Significant increase in liabilities from $2,342,238 in 201506 to $3,471,208 in 202406 without further explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data to accurately assess spending efficiency.
Strengths
The following positive indicators were identified for United Way Of The Southern Tier Inc:
- Consistent financial operations with a long history of filings (14 periods).
- Positive net assets, with assets ($6,523,711 in 202406) exceeding liabilities ($3,471,208 in 202406).
- Reported 0% officer compensation across all available filings, indicating strong financial stewardship or volunteer leadership.
- Stable revenue generation, with latest revenue at $3,947,187 in 202406.
Frequently Asked Questions about United Way Of The Southern Tier Inc
Is United Way Of The Southern Tier Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of The Southern Tier Inc (EIN: 161451041) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does United Way Of The Southern Tier Inc spend its money?
United Way Of The Southern Tier Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Way Of The Southern Tier Inc tax-deductible?
United Way Of The Southern Tier Inc is registered as a tax-exempt nonprofit (EIN: 161451041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of United Way Of The Southern Tier Inc's spending goes to programs?
United Way Of The Southern Tier Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does United Way Of The Southern Tier Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), United Way Of The Southern Tier Inc is above average for NTEE category T30J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Way Of The Southern Tier Inc located?
United Way Of The Southern Tier Inc is headquartered in Corning, New York and files with the IRS under EIN 161451041. It is classified under NTEE code T30J.
How many years of IRS 990 filings does United Way Of The Southern Tier Inc have?
United Way Of The Southern Tier Inc has 14 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 $5.8M in total revenue.
Is United Way Of The Southern Tier Inc a good charity?
Based on consistent operations, asset growth, and reported 0% officer compensation, it appears to be a well-managed organization. However, a detailed breakdown of program vs. administrative expenses would provide a clearer picture of its efficiency.
Why are liabilities increasing?
Liabilities have increased from $2,342,238 in 201506 to $3,471,208 in 202406. Understanding the nature of these liabilities (e.g., program commitments, deferred revenue, debt) is crucial for a complete financial assessment.
What is the actual program spending ratio?
Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the 990 filings, it's not possible to calculate the exact program spending ratio. The provided spending breakdown is an estimate based on typical United Way operations.
Filing History
IRS 990 filing history for United Way Of The Southern Tier Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), United Way Of The Southern Tier Inc's revenue has declined by 18.6%, moving from $4.8M to $3.9M. Total assets increased by 28.2% over the same period, from $5.1M to $6.5M. Total functional expenses rose by 20.7%, from $3.1M to $3.8M. In its most recent filing year (2024), United Way Of The Southern Tier Inc reported a surplus of $189K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $6.5M in assets (debt-to-asset ratio: 53.2%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.9M | $3.8M | $6.5M | $3.5M | — | View 990 |
| 2023 | $4.1M | $4.1M | $6.9M | $3.9M | — | View 990 |
| 2022 | $4.9M | $4.4M | $6.5M | $3.5M | — | View 990 |
| 2021 | $4.5M | $4.3M | $6.3M | $3.5M | — | — |
| 2020 | $4.5M | $4.6M | $6.1M | $3.8M | — | View 990 |
| 2019 | $4.2M | $4.1M | $6.1M | $3.7M | — | View 990 |
| 2018 | $4.3M | $4.2M | $5.9M | $3.7M | — | View 990 |
| 2017 | $4.3M | $4.4M | $5.6M | $2.2M | — | View 990 |
| 2016 | $4.5M | $4.4M | $5.9M | $2.5M | — | View 990 |
| 2015 | $4.5M | $4.6M | $5.6M | $2.3M | — | View 990 |
| 2014 | $4.7M | $4.9M | $6.0M | $2.6M | — | View 990 |
| 2013 | $4.6M | $4.6M | $5.4M | $2.0M | — | View 990 |
| 2012 | $4.7M | $4.4M | $5.3M | $1.9M | — | View 990 |
| 2011 | $4.8M | $3.1M | $5.1M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.9M, expenses of $3.8M, and assets of $6.5M (revenue -3.5% year-over-year).
- 2023: Revenue of $4.1M, expenses of $4.1M, and assets of $6.9M (revenue -16.8% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.4M, and assets of $6.5M (revenue +10.4% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.3M, and assets of $6.3M (revenue -2.1% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.6M, and assets of $6.1M (revenue +7.4% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.1M, and assets of $6.1M (revenue -0.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.2M, and assets of $5.9M (revenue -0.6% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.4M, and assets of $5.6M (revenue -4.0% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.4M, and assets of $5.9M (revenue -1.5% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.6M, and assets of $5.6M (revenue -2.9% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.9M, and assets of $6.0M (revenue +2.1% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.6M, and assets of $5.4M (revenue -2.3% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.4M, and assets of $5.3M (revenue -3.1% year-over-year).
- 2011: Revenue of $4.8M, expenses of $3.1M, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Way Of The Southern Tier Inc:
Data Sources and Methodology
This transparency report for United Way Of The Southern Tier 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.