Union Project

Analysis

Union Project is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2002, 24 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 August 2024, Union Project reported income of $1.0m and spending of $720k, leaving 31% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $765k to $1.0m (+36%), an average of +6.4% a year. The sharpest change came in the year to August 2023, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Union Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Dress for Success Twin Cities ($1.0m), The Woodlands Area Economic Development Partnership ($1.0m) and Oklahoma Native Assets Coalition Inc ($1.0m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 66% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $93k (13% of expenses). Other salaries and wages came to $210k. At year end it held assets of $2.7m against liabilities of $301k, net assets of $2.4m. It reported 30 employees.