Ucm NFP Community Ventures

Analysis

Ucm NFP Community Ventures is a registered charity in United States, based in Harvey, IL. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ucm NFP Community Ventures reported income of $3.8m and spending of $5.7m, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $80k to $3.8m (+4624%), an average of +162% a year. The sharpest change came in the year to June 2023, when income rose by 4487%. Over the whole period it spent 196% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ucm NFP Community Ventures sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Daughters of Miriam ($3.8m), Project ALS Inc ($3.8m) and Promedica Courier Services Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.4m against liabilities of $119.8m, net assets of -$115.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.