Upbeat Academy Foundation

Analysis

Upbeat Academy Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Upbeat Academy Foundation reported income of $77k and spending of $63k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $77k (+7.1%), an average of +7.1% a year. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Upbeat Academy Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within LA. Charities of a similar size with the same main cause include Youthstep USA ($77k), Regents of the University of Minnesota ($77k) and Good News Bears Club of Omaha Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.