Unconditional Inc

Analysis

Unconditional Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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 2022, Unconditional Inc reported income of $117k and spending of $233k, spending 199% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $205k to $117k (-43%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unconditional Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Mennonite Festival for World Relief ($117k), Wish Foundation Inc ($117k) and Indiana Student Financial Aid Association Inc ($117k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (21% of expenses). Other salaries and wages came to $60k. It paid $12k in professional fundraising fees. At year end it held assets of $39k against liabilities of $4,955, net assets of $34k. It reported 5 employees.