914united Inc

Analysis

914united Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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 December 2023, 914united Inc reported income of $478k and spending of $387k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $478k (+230%), an average of +230% a year. The sharpest change came in the year to December 2023, when income rose by 230%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 914united Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Elroy Area Fire and Ambulance Association Inc ($478k), Nor-Cal Guides and Sportsmens Association ($479k) and Pro Re Bona Early Learning Center ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). At year end it held assets of $149k against liabilities of $8,574, net assets of $141k. It reported 5 employees.