Unity Environmental University

Analysis

Unity Environmental University is a registered charity in United States, based in New Gloucester, ME. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Unity Environmental University reported income of $78.8m and spending of $66.4m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $31.0m to $78.8m (+155%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unity Environmental University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within ME. Charities of a similar size with the same main cause include Wittenberg College Board of Directors ($78.7m), Mississippi Action for Progress Inc ($78.9m) and New England Institute of Technology ($78.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $674k (1.0% of expenses). Other salaries and wages came to $14.0m. At year end it held assets of $90.8m against liabilities of $26.6m, net assets of $64.2m. It reported 511 employees.