Inunity Alliance Inc
Analysis
Inunity Alliance Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Inunity Alliance Inc reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.2m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inunity Alliance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Partners in Evangelism Inc ($3.2m), Learning Works ($3.2m) and Murphslife Foundation ($3.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $185k (6.2% of expenses). Other salaries and wages came to $942k. At year end it held assets of $3.0m against liabilities of $2.5m, net assets of $580k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 1.8%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Partners in Evangelism Inc | Frederick | $3.2m |
| Learning Works | Portland | $3.2m |
| Murphslife Foundation | Salt Lake Cty | $3.2m |
| Marrakech Residential Services Inc | Woodbridge | $3.2m |