Uwf Business Enterprises Inc

Analysis

Uwf Business Enterprises Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Uwf Business Enterprises Inc reported income of $1.7m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.7m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income dropped by 39%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uwf Business Enterprises Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Forsyth Technical Community College Foundation Inc ($1.7m), Legacy Christian School ($1.7m) and Trinity Academy of Portland ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $173k (17% of expenses). At year end it held assets of $6.9m against liabilities of $9.5m, net assets of -$2.6m. It reported 1 employees.