Upspring

Analysis

Upspring is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Upspring reported income of $791k and spending of $746k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $514k to $791k (+54%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Upspring sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include American Sephardi Federation ($790k), Anthony Munoz Foundation ($792k) and Big Brothers Big Sisters of the Greater Miami Valley Inc ($790k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $44k (5.9% of expenses). At year end it held assets of $1.1m against liabilities of $225k, net assets of $872k. It reported 19 employees.