Uniquesource Products & Services

Analysis

Uniquesource Products & Services is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Uniquesource Products & Services reported income of $98.5m and spending of $95.6m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $60.2m to $98.5m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uniquesource Products & Services sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Lower Rio Grande Valley Work Force Development Board Inc ($95.4m), Hadassah the Womens Zionist Organization of America Inc ($98.8m) and Bosma Industries for the Blind Inc ($95.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $563k (0.6% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $75.8m against liabilities of $47.8m, net assets of $28.1m. It reported 61 employees.