Ultrafit USA

Analysis

Ultrafit USA is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ultrafit USA reported income of $300k and spending of $335k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $699k to $300k (-57%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ultrafit USA sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Shenandoah Valley Bicycle Coalition ($300k), Tuckahoe Little League Inc ($300k) and Barny Ball ($300k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $8,301 against liabilities of $3,250, net assets of $5,051. It reported 1 employees.