Uncommon Lender Inc

Analysis

Uncommon Lender Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Uncommon Lender Inc reported income of $11.8m and spending of $11.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $11.8m (+12%), an average of +2.8% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uncommon Lender Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Memphis Street Academy Charter School at J P Jones ($11.8m), Thomas Edison Charter School Inc ($11.8m) and Bard College Berlin a Liberal Arts University GGMBH ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $178.6m against liabilities of $137.6m, net assets of $41.0m.