Assistance Unlimited Inc

Analysis

Assistance Unlimited Inc is a registered charity in United States, based in Laud Lakes, FL. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Assistance Unlimited Inc reported income of $16.9m and spending of $18.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $16.9m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assistance Unlimited Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Becoming Independent ($16.9m), Community Options Enterprises Inc ($17.0m) and High Plains Christian Ministries Foundation ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $109k (0.6% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $51.6m against liabilities of $53.3m, net assets of -$1.8m. It reported 157 employees.