Scotch Plains Fanwood Unico

Analysis

Scotch Plains Fanwood Unico is a registered charity in United States, based in Scotch Plains, NJ. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Scotch Plains Fanwood Unico reported income of $60k and spending of $39k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $43k to $60k (+39%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scotch Plains Fanwood Unico sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Esa Missionary Society Inc ($60k), WFBG Radio Christmas Carol Foundation ($60k) and PTA California Congress of Parents Teachers & Students Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 85% of the total. At year end it held assets of $128k against liabilities of $12k, net assets of $117k.