Unica

Analysis

Unica is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unica reported income of $8.5m and spending of $8.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $8.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unica sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Lincoln Street Inc ($8.5m), Roundup Fellowship Inc ($8.5m) and Rescuing Leftover Cuisine Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $605k (7.2% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $13.2m against liabilities of $411k, net assets of $12.8m. It reported 171 employees.