Queesboro Unico Foundation Inc

Analysis

Queesboro Unico Foundation Inc is a registered charity in United States, based in Manhasset, NY. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 August 2023, Queesboro Unico Foundation Inc reported income of $85k and spending of $57k, leaving 32% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $40k to $85k (+112%), an average of +112% a year. The sharpest change came in the year to August 2023, when income rose by 112%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Queesboro Unico Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Usd 413 Foundation ($85k), Chicago Memon Association ($85k) and Swergold Family Foundation for Children in Crises ($85k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $221k against liabilities of $1,670, net assets of $219k.