Project Unite Inc

Analysis

Project Unite Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Project Unite Inc reported income of $1.3m and spending of $1.1m, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $259k to $1.3m (+402%), an average of +124% a year. The sharpest change came in the year to December 2022, when income rose by 505%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Project Unite Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Tapkard Inc ($1.3m), Gemeinschaft Home ($1.3m) and Virginia Center for Inclusive Communities ($1.3m).

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 $274k (26% of expenses). At year end it held assets of $849k against liabilities of $97k, net assets of $753k.