Positively U Inc

Analysis

Positively U Inc is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Positively U Inc reported income of $7.5m and spending of $7.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.9m to $7.5m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Positively U Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Auditory Learning Foundation ($7.5m), New York City Foundation for Cerebral Palsy Inc ($7.5m) and Families Against Narcotics Inc ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $153k (1.9% of expenses). Other salaries and wages came to $859k. At year end it held assets of $2.3m against liabilities of $691k, net assets of $1.6m.

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.