The Unit Promise

Analysis

The Unit Promise is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, The Unit Promise reported income of $95k and spending of $110k, spending 115% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $110k to $95k (-13%), an average of -13% a year. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Unit Promise sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Wall Wrestling Booster Club ($95k), Swerve Robotics Inc ($95k) and Box H Park Inc ($95k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 56% and program service revenue 39% of the total. At year end it held assets of $1 against liabilities of $13k, net assets of -$13k.