Unitypoint at Home

Analysis

Unitypoint at Home is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, Unitypoint at Home reported income of $271.9m and spending of $268.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209.8m to $271.9m (+30%), an average of +6.7% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unitypoint at Home sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IA. Charities of a similar size with the same main cause include International Fellowship of Christians & Jews ($271.5m), California Independent System Operator Corporation ($272.5m) and International City Management Association Retirement Corporation ($269.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.3m (0.9% of expenses). Other salaries and wages came to $79.9m. At year end it held assets of $95.6m against liabilities of $27.0m, net assets of $68.7m. It reported 1,289 employees.