Unquity House Corporation

Analysis

Unquity House Corporation is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Unquity House Corporation reported income of $2.5m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.5m (+12%), an average of +2.8% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unquity House Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Furniture Bank of Metro Atlanta Inc ($2.5m), Consumer Credit Counseling Foundation Inc ($2.5m) and Tennessee Valley Agricultural & Industrial Fair ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $8.1m against liabilities of $316k, net assets of $7.8m.