Uptown Foundation Inc

Analysis

Uptown Foundation Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 1984, 42 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, Uptown Foundation Inc reported income of $54k and spending of $66k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $54k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uptown Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($54k), Sierra House Inc ($54k) and Medway Friends of Elders Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $299k against liabilities of $2,514, net assets of $297k.