United Enterprises II Inc

Analysis

United Enterprises II Inc is a registered charity in United States, based in Perryville, MO. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover employment, 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 June 2024, United Enterprises II Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $693k to $1.7m (+150%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, United Enterprises II Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Fontana Resources at Work ($1.7m), Oregon Rehabilitation Association ($1.7m) and Myrtle Beach Downtown Alliance Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $57k (3.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $922k against liabilities of $68k, net assets of $854k. It reported 92 employees.