Unitas Therapeutic Community Inc

Analysis

Unitas Therapeutic Community Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 2023, 3 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, Unitas Therapeutic Community Inc reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2015 to June 2023, income grew from $561k to $1.3m (+139%), an average of +24% a year. The sharpest change came in the year to June 2019, when income rose by 96%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unitas Therapeutic Community Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include His Story Coaching and Counseling ($1.3m), Hope House Rescue Mission Inc ($1.3m) and The Smile Trust Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (12% of expenses). Other salaries and wages came to $630k. At year end it held assets of $203k against liabilities of $25k, net assets of $178k. It reported 15 employees.