Unity Housing Inc

Analysis

Unity Housing Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Unity Housing Inc reported income of $358k and spending of $329k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $358k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Unity Housing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Kent Village Housing for the Elderly Inc ($358k), Saint Stephens Way Inc ($358k) and Willow Village Housing Corporation ($358k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $28k. At year end it held assets of $199k against liabilities of $21k, net assets of $178k.