Missouri Universal Service Fund Inc

Analysis

Missouri Universal Service Fund Inc is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Missouri Universal Service Fund Inc reported income of $359k and spending of $756k, spending 210% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $777k to $359k (-54%), an average of -18% a year. The sharpest change came in the year to June 2023, when income rose by 99751%. Over the whole period it spent 233% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missouri Universal Service Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Hope Enterprises Foundation Inc ($359k), Alcoholism Council of Cochise County ($360k) and Connection Inc ($359k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $483k against liabilities of $71k, net assets of $412k.

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.