Unfunded List

Analysis

Unfunded List is a registered charity in United States, based in Waterville, ME. It received its IRS tax-exemption ruling in April 2017, 9 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 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, Unfunded List reported income of $76k and spending of $74k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $76k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Unfunded List sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 22nd percentile within ME. Charities of a similar size with the same main cause include Berkadia Foundation Inc ($76k), Cheengooya ($76k) and Himalaya Foundation ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. At year end it held assets of $4,335 against liabilities of $0, net assets of $4,335.