University Christian Ministries Inc

Analysis

University Christian Ministries Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, University Christian Ministries Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.0m to $1.6m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Christian Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Care House of the Pee Dee Inc ($1.6m), Hope Learning Academy of Toledo ($1.6m) and Careerspring Foundation ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $63k (4.5% of expenses). Other salaries and wages came to $584k. At year end it held assets of $9.0m against liabilities of $489k, net assets of $8.5m. It reported 39 employees.