Upward Bound Ministries

Analysis

Upward Bound Ministries is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Upward Bound Ministries reported income of $107k and spending of $129k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $107k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Upward Bound Ministries sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Friends of Ninos de Guatemala ($107k), Rochester Global Connections Inc ($107k) and H E L P S Inc ($107k).

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 $492k against liabilities of $0, net assets of $492k.