Parents of Universal Performers Inc

Analysis

Parents of Universal Performers Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Parents of Universal Performers Inc reported income of $222k and spending of $117k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $19k to $222k (+1066%), an average of +127% a year. The sharpest change came in the year to June 2023, when income rose by 916%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents of Universal Performers Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Media Network of Waterford Covert Center ($222k), Lead Wichita Inc ($222k) and New Braunfels High School Band Boosters Association Inc ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $163k against liabilities of $16k, net assets of $147k.