Unitedhealthcare Childrens Foundation Inc

Analysis

Unitedhealthcare Childrens Foundation Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Unitedhealthcare Childrens Foundation Inc reported income of $8.0m and spending of $6.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $8.0m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unitedhealthcare Childrens Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include East Side Neighborhood Service Inc ($8.0m), Programa de Educacion Comunal de Entrega Y Servicio Inc ($8.0m) and Opportunity Matters Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $15.7m against liabilities of $3.5m, net assets of $12.3m.