Unyeway Inc

Analysis

Unyeway Inc is a registered charity in United States, based in Lakeside, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Unyeway Inc reported income of $7.3m and spending of $6.6m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.2m to $7.3m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unyeway Inc 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 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Bentonville Library Foundation ($7.3m), Dekalb Path Academy Inc ($7.3m) and Crosswood Inc ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $266k (4.0% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $11.4m against liabilities of $1.9m, net assets of $9.5m. It reported 156 employees.