Ummeed Child Development Fund Inc

Analysis

Ummeed Child Development Fund Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Ummeed Child Development Fund Inc reported income of $203k and spending of $166k, spending 82% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $201k to $203k (+0.9%), an average of +0.5% a year. The sharpest change came in the year to September 2023, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ummeed Child Development Fund Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Project CPR ($203k), Helping Hands of Central Missouri Inc ($203k) and Food for Kids ($203k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.