Nutley Unico Inc

Analysis

Nutley Unico Inc is a registered charity in United States, based in Nutley, NJ. It received its IRS tax-exemption ruling in November 1999, 27 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, Nutley Unico Inc reported income of $100k and spending of $118k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $87k to $100k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nutley Unico Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Gallatin High Boosters ($100k), Kyrene de LA Sierra Parent Teacher Organization PTO ($100k) and North East Education Foundation ($100k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.