Ucm Network Development Foundation

Analysis

Ucm Network Development Foundation is a registered charity in United States, based in Harvey, IL. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Ucm Network Development Foundation reported income of $2.2m and spending of $4.2m, spending 189% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $2.2m (-54%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ucm Network Development Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Winter Haven Hospital Foundation Inc ($2.2m), Operational International Ltd ($2.2m) and East Windsor Ambulance Assoc Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $67.0m against liabilities of $516k, net assets of $66.5m.