Unita Blackwell Estates

Analysis

Unita Blackwell Estates is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Unita Blackwell Estates reported income of $194k and spending of $198k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $162k to $194k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unita Blackwell Estates sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Tulips Thrift Store ($194k), Habitat for Humanity International Inc ($194k) and Collins Chapel Connectional Hospital ($194k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $924k against liabilities of $1.1m, net assets of -$173k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.