United We Care Fund

Analysis

United We Care Fund is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, United We Care Fund reported income of $876k and spending of $386k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $876k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United We Care Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include When the Saints ($875k), Community Resources Oil & Gas Inc ($876k) and Project Akilah Inc ($874k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.