Friends of Unistream Inc

Analysis

Friends of Unistream Inc is a registered charity in United States, based in Jamesburg, NJ. It received its IRS tax-exemption ruling in April 2008, 18 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, Friends of Unistream Inc reported income of $307k and spending of $238k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $705k to $307k (-56%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Unistream Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Impact 100 NYC Inc ($307k), Southern Union State Community College Foundation ($308k) and South Wood County Recreation Inc ($307k).

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 $182k against liabilities of $6,850, net assets of $175k.