The Ubc 1871 Foundation

Analysis

The Ubc 1871 Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2018, 8 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, The Ubc 1871 Foundation reported income of $154k and spending of $237k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $154k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Ubc 1871 Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Nepal America Sociocultural Exchange Society Inc USA ($154k), Am Yisrael Chai ($154k) and Cortland County Historical Society -Inc- ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.