Usher 2020 Foundation Inc

Analysis

Usher 2020 Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Usher 2020 Foundation Inc reported income of $98k and spending of $314k, spending 320% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $342k to $98k (-71%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Usher 2020 Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Living Hope Clinical Trials Inc ($98k), International Union of Elevator Constructors ($98k) and Non-Profit Pt Group of Elko ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.