Ub Associates Inc

Analysis

Ub Associates Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ub Associates Inc reported income of $11.4m and spending of $11.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $11.4m (+8.2%), an average of +2.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ub Associates Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Far Hills Country Day School ($11.4m), Biostl ($11.4m) and Santa Clarita Valley International School ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $225k (2.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $61.8m against liabilities of $59.5m, net assets of $2.2m. It reported 16 employees.