Unchained

Analysis

Unchained is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 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, Unchained reported income of $187k and spending of $196k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $251k to $187k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Unchained sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include Helping Hand Society ($187k), Salute to Heroes Charlotte ($187k) and Scimitar Foundation Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $27k (14% of expenses). At year end it held assets of $9,576 against liabilities of $0, net assets of $9,576. It reported 1 employees.