United We Pledge

Analysis

United We Pledge is a registered charity in United States, based in Saint George, UT. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, United We Pledge reported income of $4.5m and spending of $1.2m, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $843k to $4.5m (+430%), an average of +430% a year. The sharpest change came in the year to December 2023, when income rose by 430%. Over the whole period it spent 33% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United We Pledge sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Northern Virginia Science Center Foundation ($4.5m), Indiana Biosciences Research Institute Inc ($4.5m) and Harrisburg Symphony Association ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $207k (18% of expenses). Other salaries and wages came to $363k. At year end it held assets of $3.9m against liabilities of $246k, net assets of $3.6m. It reported 9 employees.