No Longer Bound

Analysis

No Longer Bound is a registered charity in United States, based in Levittown, PA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, No Longer Bound reported income of $246k and spending of $175k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $95k to $246k (+160%), an average of +160% a year. The sharpest change came in the year to June 2023, when income rose by 160%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, No Longer Bound sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Oconomowoc Scholarship Fund ($246k), Justice High School Scholarship Fund ($246k) and Clallam County Pro Bono Lawyers ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $11k (6.1% of expenses). Other salaries and wages came to $71k. At year end it held assets of $123k against liabilities of $23k, net assets of $101k. It reported 9 employees.