Ulta Beauty Charitable Foundation

Analysis

Ulta Beauty Charitable Foundation is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover medical research, 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 January 2024, Ulta Beauty Charitable Foundation reported income of $12.9m and spending of $14.8m, spending 115% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $7.2m to $12.9m (+78%), an average of +16% a year. The sharpest change came in the year to January 2022, when income rose by 195%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ulta Beauty Charitable Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Childrens Health Foundation Inc ($12.9m), Healthcare Regulatory Research Institute ($12.9m) and Bluewest Opportunities Inc ($12.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 97% of the total. It paid $11k in professional fundraising fees. At year end it held assets of $10.4m against liabilities of $2.5m, net assets of $7.8m.