Ushja Foundation Inc

Analysis

Ushja Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2009, 17 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Ushja Foundation Inc reported income of $380k and spending of $220k, leaving 42% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $453k to $380k (-16%), an average of -4.3% a year. The sharpest change came in the year to November 2022, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ushja Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Noble Trails Inc ($380k), Visalia South American Little League ($380k) and Morris United Soccer Club ($380k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.0m against liabilities of $55k, net assets of $1.9m.