Systems Unlimited Inc

Analysis

Systems Unlimited Inc is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Systems Unlimited Inc reported income of $43.5m and spending of $42.9m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $38.8m to $43.5m (+12%), an average of +3.9% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Systems Unlimited Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Community Support Services ($43.4m), Puerto Rican Family Institute Inc ($43.5m) and Church Home of Hartford ($43.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $408k (1.0% of expenses). Other salaries and wages came to $31.5m. At year end it held assets of $29.2m against liabilities of $7.2m, net assets of $22.0m. It reported 1,182 employees.