Unity Foundation of Laporte County Inc

Analysis

Unity Foundation of Laporte County Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in March 1987, 39 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 of Laporte County Inc reported income of $4.5m and spending of $3.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.5m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 65% 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 of Laporte County 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 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Siouxland Community Foundation ($4.5m), Weld Community Foundation ($4.5m) and The American University of Greece Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $141k (4.4% of expenses). Other salaries and wages came to $362k. At year end it held assets of $45.6m against liabilities of $1.4m, net assets of $44.1m. It reported 7 employees.