Unity Medical Center Foundation

Analysis

Unity Medical Center Foundation is a registered charity in United States, based in Grafton, ND. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unity Medical Center Foundation reported income of $334k and spending of $653k, spending 196% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $341k to $334k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income rose by 87%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unity Medical Center Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ND. Charities of a similar size with the same main cause include Topanga Enrichment Programs Inc ($334k), Eleanor and Laurence Myers Foundation ($334k) and Volunteers of America Inc ($334k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $3.6m against liabilities of $75, net assets of $3.6m.