Unicorn Garden Inc

Analysis

Unicorn Garden Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Unicorn Garden Inc reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unicorn Garden Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Oak Ridge Electrical Trades Apprenticeship Training Fund ($1.6m), North Texas Parent and Child Development Inc ($1.6m) and Boy Scouts of America ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $142k (8.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $79k, net assets of $2.0m. It reported 30 employees.