University Technology Development Corporation

Analysis

University Technology Development Corporation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2003, 23 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, University Technology Development Corporation reported income of $252k and spending of $211k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $225k to $252k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Technology Development Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within NE. Charities of a similar size with the same main cause include Blessed Beginnings Broadcasting Inc ($252k), Jerabek Elementary Family Facultyorganization Inc ($252k) and Miramar College Foundation Inc ($252k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.