United Way Of The Valley & Greater Utica Area Inc
United Way Of The Valley & Greater Utica Area Inc shows strong program focus but faces recent revenue declines and expense overruns.
EIN: 150532074 · Utica, NY · NTEE: T700 · Updated: 2026-03-28
Is United Way Of The Valley & Greater Utica Area 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 Valley & Greater Utica Area Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Way Of The Valley & Greater Utica Area Inc
United Way Of The Valley & Greater Utica Area Inc (EIN: 150532074) is a nonprofit organization based in Utica, NY, classified under NTEE code T700. The organization reported total revenue of $1.7M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of The Valley & Greater Utica Area Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Way Of The Valley & Greater Utica Area Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, United Way Of The Valley & Greater Utica Area Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a highly positive sign for resource allocation directly to mission-related activities.
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 Valley & Greater Utica Area Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 202306, 202206)
- Significant drop in latest reported revenue ($1,662,395) compared to prior years (e.g., $2,475,117 in 202306)
- Potential reliance on asset reserves to cover operational deficits if revenue trends continue
Strengths
The following positive indicators were identified for United Way Of The Valley & Greater Utica Area Inc:
- No reported officer compensation across all filings, indicating efficient use of funds
- Strong asset base relative to liabilities, suggesting financial stability (e.g., $2,844,085 assets vs. $617,368 liabilities in 202306)
- Consistent filing history (13 filings) demonstrating transparency
- NTEE code T700 (United Ways) indicates a broad community impact focus
Frequently Asked Questions about United Way Of The Valley & Greater Utica Area Inc
Is United Way Of The Valley & Greater Utica Area Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of The Valley & Greater Utica Area Inc (EIN: 150532074) some concerns. Mission Score: 88/100. 3 red flags identified, 4 strengths noted.
How does United Way Of The Valley & Greater Utica Area Inc spend its money?
United Way Of The Valley & Greater Utica Area Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Way Of The Valley & Greater Utica Area Inc tax-deductible?
United Way Of The Valley & Greater Utica Area Inc is registered as a tax-exempt nonprofit (EIN: 150532074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is United Way Of The Valley & Greater Utica Area Inc a good charity?
Based on the available data, United Way Of The Valley & Greater Utica Area Inc appears to be a good charity. It demonstrates a strong commitment to its mission with no reported officer compensation and a healthy asset-to-liability ratio. However, recent trends of expenses exceeding revenue and a significant drop in the latest reported revenue warrant monitoring.
What caused the significant drop in revenue to $1,662,395 from previous years?
The provided data does not specify the exact cause. It could be due to various factors such as changes in fundraising campaigns, economic conditions impacting donations, or shifts in grant funding. Further investigation into their financial statements would be needed to understand this decline.
How does the organization manage its expenses given the recurring deficits?
While expenses have exceeded revenue in several recent periods (e.g., 202306, 202206), the organization maintains a substantial asset base ($2,844,085 in 202306). This suggests they may be drawing from reserves or investments to cover shortfalls, which is sustainable in the short term but not ideal for long-term financial health without revenue growth.
Filing History
IRS 990 filing history for United Way Of The Valley & Greater Utica Area Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Way Of The Valley & Greater Utica Area Inc's revenue has declined by 11.8%, moving from $2.8M to $2.5M. Total assets decreased by 25.5% over the same period, from $3.8M to $2.8M. Total functional expenses rose by 4%, from $2.7M to $2.8M. In its most recent filing year (2023), United Way Of The Valley & Greater Utica Area Inc reported a deficit of $340K, with expenses exceeding revenue. The organization holds $617K in liabilities against $2.8M in assets (debt-to-asset ratio: 21.7%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.8M | $2.8M | $617K | — | View 990 |
| 2022 | $3.4M | $3.4M | $3.0M | $587K | — | View 990 |
| 2021 | $3.6M | $3.3M | $3.1M | $416K | — | View 990 |
| 2020 | $3.3M | $3.6M | $2.8M | $643K | — | View 990 |
| 2019 | $2.4M | $2.5M | $2.9M | $452K | — | View 990 |
| 2018 | $2.0M | $2.4M | $3.1M | $502K | — | View 990 |
| 2017 | $2.2M | $2.4M | $3.4M | $566K | — | View 990 |
| 2016 | $2.2M | $2.3M | $3.5M | $613K | — | View 990 |
| 2015 | $2.4M | $2.2M | $3.6M | $651K | — | View 990 |
| 2014 | $2.4M | $2.2M | $3.4M | $649K | — | View 990 |
| 2013 | $858K | $1.2M | $3.1M | $639K | — | View 990 |
| 2012 | $2.2M | $2.7M | $3.5M | $661K | — | View 990 |
| 2011 | $2.8M | $2.7M | $3.8M | $653K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.8M, and assets of $2.8M (revenue -26.6% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.4M, and assets of $3.0M (revenue -6.3% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.3M, and assets of $3.1M (revenue +7.9% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.6M, and assets of $2.8M (revenue +40.1% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.5M, and assets of $2.9M (revenue +16.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.4M, and assets of $3.1M (revenue -7.8% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.4M, and assets of $3.4M (revenue -0.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $3.5M (revenue -8.0% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $3.6M (revenue +0.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $3.4M (revenue +181.8% year-over-year).
- 2013: Revenue of $858K, expenses of $1.2M, and assets of $3.1M (revenue -61.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.7M, and assets of $3.5M (revenue -20.2% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $3.8M.
Data Sources and Methodology
This transparency report for United Way Of The Valley & Greater Utica Area 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.