Unity Eor Properties Inc

Analysis

Unity Eor Properties Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unity Eor Properties Inc reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.4m to $1.7m (+20%), an average of +3.8% a year. The sharpest change came in the year to December 2019, when income rose by 20%. Over the whole period it spent 115% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Unity Eor Properties Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include T Howard Foundation ($1.7m), Rahbar Foundation Inc ($1.7m) and United Way of Ventura County Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $26.1m against liabilities of $27.8m, net assets of -$1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.