Ukandu

Analysis

Ukandu is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ukandu reported income of $1.9m and spending of $1.1m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $1.9m (+217%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ukandu sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Pease Park Conservancy ($1.9m), California Youth Soccer Association Inc ($1.9m) and Nashville United Soccer Academy ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $184k (17% of expenses). Other salaries and wages came to $216k. At year end it held assets of $4.5m against liabilities of $2.4m, net assets of $2.0m. It reported 4 employees.