Unlab Inc

Analysis

Unlab Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Unlab Inc reported income of $277k and spending of $224k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $277k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unlab Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Prizm Ensemble ($277k), Lewis & Clark National Park Association ($277k) and Boston Ground Water Trust ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $54k against liabilities of $188k, net assets of -$134k. It reported 1 employees.