USA Ultimate Foundation

Analysis

USA Ultimate Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, USA Ultimate Foundation reported income of $70k and spending of $42k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $70k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Ultimate Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Bombers Baseball ($70k), Northwest Barrel Racing Association ($70k) and Taxpayers Improvement Association of Patapsco Park ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $526k against liabilities of $4,338, net assets of $522k.