Unbound

Analysis

Unbound is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Unbound reported income of $140.0m and spending of $138.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $139.4m to $140.0m (+0.4%), an average of +0.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unbound sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within KS. Charities of a similar size with the same main cause include Noland Health Services Inc ($139.0m), Givedirectly Inc ($140.3m) and Humangood Socal ($138.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $1.1m (0.8% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $86.2m against liabilities of $1.7m, net assets of $84.5m. It reported 159 employees.