Unbound Now

Analysis

Unbound Now is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Unbound Now reported income of $8.5m and spending of $8.0m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $837k to $8.5m (+919%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Unbound Now sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include National Mentoring Partnership Incorporated ($8.5m), Boys & Girls Clubs of Greater St Louis Inc ($8.6m) and National Interscholastic Cycling Association ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $269k (3.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.4m against liabilities of $545k, net assets of $2.8m. It reported 139 employees.