Unity House of Troy Incorporated

Analysis

Unity House of Troy Incorporated is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Unity House of Troy Incorporated reported income of $35.7m and spending of $34.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.6m to $35.7m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unity House of Troy Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Home for the Friendless ($35.7m), Madison Community Hospital ($35.7m) and Pediatric Specialists of Virginia LLC ($35.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $625k (1.8% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $33.1m against liabilities of $13.5m, net assets of $19.5m. It reported 533 employees.