Unity Health Care Inc

Analysis

Unity Health Care Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unity Health Care Inc reported income of $167.9m and spending of $167.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131.3m to $167.9m (+28%), an average of +6.3% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unity Health Care Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include NCHMD Inc ($167.7m), Montefiore New Rochelle Hospital ($167.9m) and Aria Health Physician Services ($167.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.5m (0.9% of expenses). Other salaries and wages came to $75.7m. At year end it held assets of $123.0m against liabilities of $61.1m, net assets of $61.8m. It reported 1,091 employees.