United Megacare Inc

Analysis

United Megacare Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, United Megacare Inc reported income of $575k and spending of $603k, spending 105% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $61k to $575k (+843%), an average of +57% a year. The sharpest change came in the year to December 2019, when income rose by 452%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, United Megacare Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include United Cajun Navy ($574k), Conshohocken Fire Company No 2 ($575k) and Fire Department Relief Association of Northfield MN ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $5,681, net assets of $34k.