Out for Undergraduate Business Conference Inc

Analysis

Out for Undergraduate Business Conference Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Out for Undergraduate Business Conference Inc reported income of $1.9m and spending of $2.5m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Out for Undergraduate Business Conference Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Blue Krewe ($1.9m), Solutions for Veterans Inc ($1.9m) and American Agape Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $410k. At year end it held assets of $1.9m against liabilities of $945k, net assets of $966k.