Ufm Worldwide USA Inc

Analysis

Ufm Worldwide USA Inc is a registered charity in United States, based in Mountain Brook, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2024, Ufm Worldwide USA Inc reported income of $1.0m and spending of $971k, spending 95% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $705k to $1.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to March 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ufm Worldwide USA Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Animitta Theinngu Vipassana Society of America Inc ($1.0m), Akbar Mosque Inc ($1.0m) and Yesenia Thens Ministry ($1.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (6.4% of expenses). Other salaries and wages came to $392k. At year end it held assets of $285k against liabilities of $0, net assets of $285k. It reported 10 employees.