Uncommon Charitable Impact Inc

Analysis

Uncommon Charitable Impact Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 2021, 5 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, Uncommon Charitable Impact Inc reported income of $792k and spending of $4.1m, spending 519% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $792k (-38%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 1126%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Uncommon Charitable Impact Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Inner Resources for Children and Families ($791k), Officer Down Memorial Page Inc ($792k) and Hunt for Life Foundation Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $36k (0.9% of expenses). At year end it held assets of $3.4m against liabilities of $101k, net assets of $3.3m. It reported 1 employees.