Unity Healthcare Foundation

Analysis

Unity Healthcare Foundation is a registered charity in United States, based in Muscatine, IA. It received its IRS tax-exemption ruling in July 2002, 24 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 Healthcare Foundation reported income of $101k and spending of $61k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $101k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 118% 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 Healthcare Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Tommy Lanier Foundation Inc ($101k), Mesivta Institutions for Torah and Hora Ah Inc ($101k) and Thomas J Dart Foundation for the Advancement of Justice Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% of the total. Other salaries and wages came to $19k. At year end it held assets of $2.9m against liabilities of $677k, net assets of $2.2m.