Natl Foundation for Unemployment & Workers Compensation Inc

Analysis

Natl Foundation for Unemployment & Workers Compensation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Natl Foundation for Unemployment & Workers Compensation Inc reported income of $177k and spending of $162k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $177k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 311%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Natl Foundation for Unemployment & Workers Compensation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Association of American State Geologists ($177k), Northside Alcoholics Benevolent Association Inc ($177k) and Humans of San Quentin ($177k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 50% of the total. At year end it held assets of $104k against liabilities of $848, net assets of $103k.