Unbound

Analysis

Unbound is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 2010, 16 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unbound reported income of $102k and spending of $104k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $102k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unbound sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 43rd percentile within SC. Charities of a similar size with the same main cause include Dewey Memorial Hall Inc ($102k), Long Haul ($102k) and PTA Wisconsin Congress ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,941 against liabilities of $0, net assets of $4,941.