United Nations Development Corporation

Analysis

United Nations Development Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1969, 57 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, United Nations Development Corporation reported income of $44.3m and spending of $35.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $49.5m to $44.3m (-11%), an average of -2.7% a year. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, United Nations Development Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Cure International Inc ($44.1m), Handicap International ($44.6m) and Planet Aid Inc ($42.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.2m (3.4% of expenses). Other salaries and wages came to $336k. At year end it held assets of $206.6m against liabilities of $41.7m, net assets of $164.9m. It reported 11 employees.