Unicare Medical Solutions Inc

Analysis

Unicare Medical Solutions Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Unicare Medical Solutions Inc reported income of $75k and spending of $70k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $231k to $75k (-67%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 159% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unicare Medical Solutions Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Canfield Band Parents Inc ($75k), Estherville-Lincoln Central School District Foundation Inc ($76k) and Circle of Friends of Washington DC ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $6,820. At year end it held assets of $8,208 against liabilities of $0, net assets of $8,208.