Uwvc Foundation Inc

Analysis

Uwvc Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2022, Uwvc Foundation Inc reported income of $665k and spending of $743k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $665k (-48%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uwvc Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Rampant Lion Foundation ($665k), Sexual Assault Services Organization ($665k) and RSHM Life Center Inc ($665k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $472k against liabilities of $13k, net assets of $459k.