Union Corporation for Better Housing

Analysis

Union Corporation for Better Housing is a registered charity in United States, based in Union, ME. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 Corporation for Better Housing reported income of $74k and spending of $69k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $74k (+10%), an average of +10% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Corporation for Better Housing sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 22nd percentile within ME. Charities of a similar size with the same main cause include The Jackson Band Booster Club ($74k), Atlanta Artists Center Inc ($74k) and Alameda Rotary Endowment Foundation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $152k against liabilities of $14k, net assets of $138k.