UNICEF USA Impact Fund for Children Inc

Analysis

UNICEF USA Impact Fund for Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, UNICEF USA Impact Fund for Children Inc reported income of $36.5m and spending of $35.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $59.0m to $36.5m (-38%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, UNICEF USA Impact Fund for Children Inc 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 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of Northern Nevada ($36.5m), Jewish Federation of Omaha Inc ($36.6m) and The United Way of Southwestern Pennsylvania ($36.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $474k (1.3% of expenses). Other salaries and wages came to $487k. At year end it held assets of $69.5m against liabilities of $47.3m, net assets of $22.3m.