Universal Family Connection Inc

Analysis

Universal Family Connection Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Universal Family Connection Inc reported income of $7.9m and spending of $7.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $7.9m (+31%), an average of +6.9% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Universal Family Connection Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Minneapolis American Indian Center ($7.9m), Adult Learning Systems-Lower Michigan Inc ($7.9m) and Divinity Family Services Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $3.3m against liabilities of $1.7m, net assets of $1.6m. It reported 73 employees.