Ultrasound Leadership Academy Inc

Analysis

Ultrasound Leadership Academy Inc is a registered charity in United States, based in Hillsboro, KY. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ultrasound Leadership Academy Inc reported income of $121k and spending of $228k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $121k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ultrasound Leadership Academy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include New England College of Occupational and Environmental Medicine ($121k), Just Ask Trafficking Prevention Foundation ($121k) and Arabic Language Education for Everyone ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $61k, net assets of $3,831.

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.