Unfinished Inc

Analysis

Unfinished Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Unfinished Inc reported income of $2.8m and spending of $747k, leaving 74% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $2.8m (+146%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Unfinished Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Iglesia de Dios Pentecostal Region Sudeste Eua ($2.8m), Harvesters International Ministries ($2.8m) and Fa-Sheng Temple of the American Seattle Buddhist Association ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $366k (49% of expenses). Other salaries and wages came to $6,591. At year end it held assets of $2.1m against liabilities of $3,618, net assets of $2.1m. It reported 8 employees.