University Properties Inc

Analysis

University Properties Inc is a registered charity in United States, based in Allendale, MI. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Properties Inc reported income of $120k and spending of $93k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $98k to $120k (+22%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Properties Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Duffy Liturgical Dance Ensemble ($120k), San Angelo Schools Foundation ($120k) and International Council of Professors of Educational Leadership ($120k).

At year end it held assets of $210k against liabilities of $7,172, net assets of $203k.