Unidel Foundation Inc

Analysis

Unidel Foundation Inc is a registered charity in United States, based in Greenville, DE. It received its IRS tax-exemption ruling in October 1940, 86 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unidel Foundation Inc reported income of $14.6m and spending of $13.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.7m to $14.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unidel Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within DE. Charities of a similar size with the same main cause include Fulton Science Academy Private School Inc ($14.6m), Accreditation Board for Engineering and Technology Inc ($14.6m) and Craig Newmark Graduate School of Journalism Cuny Foundation Inc ($14.6m).

Compensation of current officers, directors and key employees was $119k (0.9% of expenses). Other salaries and wages came to $44k. At year end it held assets of $412.5m against liabilities of $3.9m, net assets of $408.7m. It reported 2 employees.