Voterunlead

Analysis

Voterunlead is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Voterunlead reported income of $3.3m and spending of $3.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.3m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Voterunlead sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Hudson Square District Management Association Incorporated ($3.2m), West Central Industries Inc ($3.3m) and The Foundation for Research on Equal Opportunity ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $459k (13% of expenses). Other salaries and wages came to $689k. At year end it held assets of $985k against liabilities of $987k, net assets of -$1,806. It reported 27 employees.