Uconnectcare Foundation Inc

Analysis

Uconnectcare Foundation Inc is a registered charity in United States, based in Batavia, NY. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, 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, Uconnectcare Foundation Inc reported income of $213k and spending of $212k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $280k to $213k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Uconnectcare Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Rome Historical Society Inc ($213k), Fellowship for Intentional Community Inc ($213k) and Los Angeles Fire Department Historical Society ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $15k. At year end it held assets of $1.2m against liabilities of $609k, net assets of $569k.