Unite Inc

Analysis

Unite Inc is a registered charity in United States, based in Lafayette, AL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Unite Inc reported income of $106k and spending of $120k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $230k to $106k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unite Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Trey Mancini Foundation Inc ($106k), Phoenix Organization of Jefferson ($106k) and Second Look Charities ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $42k against liabilities of $293, net assets of $42k.