Union Foundation

Analysis

Union Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Union Foundation reported income of $234k and spending of $247k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $151 to $234k (+154684%), an average of +154684% a year. The sharpest change came in the year to December 2023, when income rose by 154684%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Union Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include First Free Will Baptist Church of Indianapolis Inc ($234k), Shalom Hill Farm Inc ($234k) and Tinh Luat Buddhist Retreat Foundation of Texas Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$19k against liabilities of -$6,202, net assets of -$13k.