Insure the Uninsured Project

Analysis

Insure the Uninsured Project is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2023, Insure the Uninsured Project reported income of $2.0m and spending of $1.3m, leaving 35% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.2m to $2.0m (+66%), an average of +18% a year. The sharpest change came in the year to March 2023, when income rose by 80%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Insure the Uninsured Project sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Friends of Guest House Inc ($2.0m), Developmental Fx-The Developmental & Fragile X Resource Centre ($2.0m) and Indianapolis Monumental Marathon ($2.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $125k (9.7% of expenses). Other salaries and wages came to $545k. At year end it held assets of $1.9m against liabilities of $70k, net assets of $1.8m. It reported 12 employees.