The United Charities
The United Charities reports $0 revenue and assets after a period of extreme financial volatility.
EIN: 135562368 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2.2M |
| CEO/Top Officer Pay | $0, |
| Net Assets | $16.0M |
| Transparency Score | 10/100 |
Is The United Charities Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The United Charities
The United Charities (EIN: 135562368) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The United Charities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The United Charities is a major nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 253.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $125.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$123.2M |
| Total Assets | $16.1M |
| Total Liabilities | $58K |
| Net Assets | $16.0M |
| Operating Margin | 98.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 87.1 months |
Financial Health Grade: A
In 2014, The United Charities reported a surplus of $123.2M with revenue exceeding expenses, holds 87.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), The United Charities's revenue has grown at a compound annual growth rate (CAGR) of 253.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +6025.9% | +11.7% | +269.3% |
| 2013 | -5.9% | +9.7% | -8.3% |
| 2012 | -23.1% | +8.5% | +17.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The United Charities with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The United Charities allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $123.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Officer compensation was reported as 0% in all historical filings where revenue was present, indicating no direct compensation to officers during those periods. However, with the latest reported revenue and assets at $0, there is no basis to assess current executive compensation relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The United Charities's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential dormancy or severe reporting issues.
- Extreme financial volatility with a massive revenue spike in 2014 followed by a complete absence of reported activity.
- Lack of an NTEE code, hindering understanding of its mission and comparative analysis.
- Incomplete or inconsistent financial reporting, making current financial health assessment impossible.
Strengths
The following positive indicators were identified for The United Charities:
- Historically reported 0% officer compensation in periods with financial activity.
Frequently Asked Questions about The United Charities
Is The United Charities a legitimate charity?
The United Charities (EIN: 135562368) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 10/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: A.
How does The United Charities spend its money?
The United Charities reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The United Charities tax-deductible?
The United Charities is registered as a tax-exempt nonprofit (EIN: 135562368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The United Charities CEO make?
The United Charities's highest-compensated officer earns $0, annually. Executive compensation data is disclosed in IRS 990 filings.
Where is The United Charities located?
The United Charities is headquartered in New York, New York and files with the IRS under EIN 135562368.
How many years of IRS 990 filings does The United Charities have?
The United Charities has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is The United Charities still operational?
Based on the latest reported revenue and assets of $0, it is unclear if The United Charities is still actively operating or if these figures represent a reporting anomaly or dormancy.
What caused the massive revenue increase in 2014 and subsequent decline?
The provided data does not explain the dramatic increase in revenue from $2,046,636 in 2013 to $125,374,759 in 2014, nor the subsequent reporting of $0 revenue and assets in the latest period. This significant fluctuation warrants further investigation.
Why is there no NTEE code available for this organization?
The NTEE code is listed as 'Unknown', which limits the ability to understand the organization's specific programmatic focus and compare it to similar nonprofits.
Are there more recent financial filings available beyond the provided data?
The provided data indicates the latest revenue and assets are $0, suggesting a lack of recent financial activity or filings. It would be important to verify if more current IRS 990 forms exist that show ongoing operations.
Filing History
IRS 990 filing history for The United Charities showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), The United Charities's revenue has grown by 4329.3%, moving from $2.8M to $125.4M. Total assets increased by 298.9% over the same period, from $4.0M to $16.1M. Total functional expenses rose by 33%, from $1.7M to $2.2M. In its most recent filing year (2014), The United Charities reported a surplus of $123.2M, with revenue exceeding expenses. The organization holds $58K in liabilities against $16.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $16.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $125.4M | $2.2M | $16.1M | $58K | — | View 990 |
| 2013 | $2.0M | $2.0M | $4.4M | $110K | — | View 990 |
| 2012 | $2.2M | $1.8M | $4.7M | $566K | — | View 990 |
| 2011 | $2.8M | $1.7M | $4.0M | $220K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $125.4M, expenses of $2.2M, and assets of $16.1M (revenue +6025.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $4.4M (revenue -5.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $4.7M (revenue -23.1% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.7M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The United Charities:
Data Sources and Methodology
This transparency report for The United Charities is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.