United for a Good Cause Inc

Analysis

United for a Good Cause Inc is a registered charity in United States, based in Navarre, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, United for a Good Cause Inc reported income of $527k and spending of $488k, spending 93% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $34k to $527k (+1443%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 407%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, United for a Good Cause Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Spruce Island Development Corporation Inc ($526k), Carroll Hills Industries Inc ($527k) and Grant County Economic Development Council ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. It paid $20k in professional fundraising fees. At year end it held assets of $125k against liabilities of $0, net assets of $125k. It reported 2 employees.