Unity Consortium

Analysis

Unity Consortium is a registered charity in United States, based in Ventnor City, NJ. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Consortium reported income of $1.7m and spending of $1.3m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $770k to $1.7m (+121%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unity Consortium sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Council on Alcohol & Drug Abuse for Greater New Orleans ($1.7m), Cancer Support Team Inc ($1.7m) and Rape Trauma Services ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $2,224, net assets of $1.6m.