Urantia Foundation

Analysis

Urantia Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1959, 67 years ago. 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, Urantia Foundation reported income of $2.7m and spending of $970k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urantia Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Chadd Inc Children & Adults with Attention-Deficit Hyperactivity Di ($2.7m), Tholos Foundation ($2.7m) and Acta Materialia Incorporated ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $106k (11% of expenses). Other salaries and wages came to $95k. At year end it held assets of $17.3m against liabilities of $76k, net assets of $17.2m. It reported 6 employees.