Ussa Investment Fund

Analysis

Ussa Investment Fund is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2023, Ussa Investment Fund reported income of $5.1m and spending of $2.6m, leaving 49% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income fell from $5.3m to $5.1m (-3.8%), an average of -1.3% a year. Over the whole period it spent 42% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ussa Investment Fund sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within UT. Charities of a similar size with the same main cause include Scott Appalachian Industries ($5.0m), Valley of the Sun Bowl Foundation ($5.1m) and The USA Track & Field Foundation Inc ($5.0m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $67.0m against liabilities of $11k, net assets of $67.0m.