Unity Foundation

Analysis

Unity Foundation is a registered charity in United States, based in Unity, ME. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unity Foundation reported income of $177k and spending of $356k, spending 201% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $177k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unity Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 44th percentile within ME. Charities of a similar size with the same main cause include Unity Christian Partner Society ($177k), Ferndale Schools Fine Arts Boosters ($177k) and Mercava Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $187k (52% of expenses). At year end it held assets of $529k against liabilities of $22k, net assets of $507k. It reported 2 employees.