Uncornered Inc

Analysis

Uncornered Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2021, Uncornered Inc reported income of $4.2m and spending of $3.4m, spending 81% of its income. Across the 3 years on record, from September 2019 to September 2021, income fell from $6.5m to $4.2m (-36%), an average of -20% a year. The sharpest change came in the year to September 2021, when income dropped by 22%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uncornered Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Recreation Association of Corcoran Inc ($4.2m), Child Rescue Coalition Inc ($4.2m) and Second Street Youth Center Foundation Inc ($4.2m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $234k (6.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $1.4m, net assets of $1.7m. It reported 38 employees.