Unite a Nation Inc

Analysis

Unite a Nation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Unite a Nation Inc reported income of $141k and spending of $184k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $284k to $141k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Unite a Nation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Development Research Corporation ($141k), The St Margaret Willow Plaza Neighborhood Revitalization Zone ($141k) and Orange County Nikkei Coordinating Council ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $43k, net assets of -$43k.