Uncw Corporation II

Analysis

Uncw Corporation II is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uncw Corporation II reported income of $404k and spending of $80k, leaving 80% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $908k to $404k (-55%), an average of -24% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uncw Corporation II sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Mercy Center Foundation USA Inc ($404k), Womens Education Project ($404k) and Leigh HS Performing Arts Parents Association Inc ($404k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $734k, net assets of $1.9m.