Unity Foundation

Analysis

Unity Foundation is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Unity Foundation reported income of $141k and spending of $133k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $145k to $141k (-2.8%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Unity Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Horry Electric Trust ($141k), Webster Alumni Foundation Inc ($141k) and Half Price Books Community Services Corporation ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.5% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.