Unity Schools Socal

Analysis

Unity Schools Socal is a registered charity in United States, based in Laguna Woods, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unity Schools Socal reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unity Schools Socal sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Tidewater Academy Inc ($1.7m), Rocket City Scholarship Granting Organization Inc ($1.7m) and The Sunshine Academy and Daycare Corporation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $509k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $377k. It reported 18 employees.