Unity Broadcasting Inc

Analysis

Unity Broadcasting Inc is a registered charity in United States, based in Booneville, MS. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Broadcasting Inc reported income of $129k and spending of $143k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $92k to $129k (+40%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 141% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unity Broadcasting Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within MS. Charities of a similar size with the same main cause include Hollywood Studio of Dance ($129k), Nice Inc ($129k) and Common Foundation Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 24% of the total. At year end it held assets of $365k against liabilities of $14k, net assets of $351k.