Unity Shelter

Analysis

Unity Shelter is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in March 2021, 5 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, Unity Shelter reported income of $2.8m and spending of $2.3m, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.1m to $2.8m (+150%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unity Shelter 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 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Abacus Credit Counseling ($2.8m), Horn of Africa Services ($2.8m) and Community Based Connections ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $109k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $183k, net assets of $1.8m. It reported 85 employees.