Unidos Investment Fund Inc

Analysis

Unidos Investment Fund Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Unidos Investment Fund Inc reported income of $6.2m and spending of $267k, leaving 96% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $6.2m (+297%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 170%. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Unidos Investment Fund Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include Joseph C Bancroft Charitable & Educational Fund ($6.2m), MDC Richmond American Homes Foundation ($6.2m) and TSF Services ($6.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $14k (5.2% of expenses). At year end it held assets of $51.8m against liabilities of $39.0m, net assets of $12.8m.