Unity Preschool Inc

Analysis

Unity Preschool Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in May 1965, 61 years ago. 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 August 2023, Unity Preschool Inc reported income of $246k and spending of $311k, spending 127% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $335k to $246k (-27%), an average of -7.4% a year. The sharpest change came in the year to August 2021, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unity Preschool Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Jozef Pilsudski Institute of Americ a for Research in the Modern Histo ($246k), Alligator Aquatics ($246k) and Argyle Band Boosters ($246k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $45k (14% of expenses). Other salaries and wages came to $138k. At year end it held assets of $162k against liabilities of $0, net assets of $162k. It reported 19 employees.