Unitary Fund

Analysis

Unitary Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Unitary Fund reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $519k to $1.5m (+188%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unitary Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Lake Superior Railroad Museum ($1.5m), Record Company Inc ($1.5m) and Queen Sofia Spanish Institute Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $329k (24% of expenses). Other salaries and wages came to $458k. At year end it held assets of $666k against liabilities of $207k, net assets of $459k. It reported 7 employees.