Umh Management Services Corp

Analysis

Umh Management Services Corp is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Umh Management Services Corp reported income of $5.3m and spending of $5.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $5.3m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Umh Management Services Corp sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include The Concilio ($5.3m), Kidco Creative Learning Inc ($5.3m) and Ten County Aging Board Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $12.2m against liabilities of $8.9m, net assets of $3.2m. It reported 36 employees.