Ulm Athletic Foundation

Analysis

Ulm Athletic Foundation is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ulm Athletic Foundation reported income of $2.3m and spending of $3.3m, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $2.3m (+107%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 157%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ulm Athletic Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Ave Maria University Land Trust Inc ($2.3m), Greater Things Christian School Inc ($2.3m) and Kauai Christian Academy Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $3.7m against liabilities of $1.1m, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.