Union Academy of Belleville

Analysis

Union Academy of Belleville is a registered charity in United States, based in Adams, NY. It received its IRS tax-exemption ruling in August 1996, 30 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 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 September 2023, Union Academy of Belleville reported income of $110k and spending of $75k, leaving 32% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $129k to $110k (-15%), an average of -7.6% a year. The sharpest change came in the year to September 2023, when income dropped by 34%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Union Academy of Belleville sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Ancor Foundation Inc ($110k), California Giant Foundation ($110k) and Simcha Chesed Fund Inc ($110k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $690k against liabilities of $0, net assets of $690k.