Unravel

Analysis

Unravel is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Unravel reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.2m (-36%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unravel sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Saint Barnabas Health Care System Foundation Inc ($1.2m), Southside Rescue Squad Inc ($1.2m) and Dysautonomia Foundation Inc ($1.2m).

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 $140k (14% of expenses). At year end it held assets of $525k against liabilities of $35k, net assets of $489k. It reported 5 employees.