Unseen

Analysis

Unseen is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in October 2012, 14 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 (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, Unseen reported income of $845k and spending of $856k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $845k (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Unseen sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within ND. Charities of a similar size with the same main cause include Community Initiatives for Collective Impact ($844k), Junior League of Kansas City Mo Inc ($845k) and Local Union 313 Ibew Electrical Joint Apprenticeship ($844k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $239k (28% of expenses). Other salaries and wages came to $224k. It paid $36k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $105k, net assets of $1.2m. It reported 11 employees.