Ufcw Charity Foundation

Analysis

Ufcw Charity Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ufcw Charity Foundation reported income of $69.2m and spending of $69.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $977k to $69.2m (+6984%), an average of +190% a year. The sharpest change came in the year to December 2023, when income rose by 5178%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ufcw Charity Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Waterstone Support Foundation Inc ($69.0m), South Dakota Community Foundation ($69.2m) and United Way of Metropolitan Dallas Inc ($68.9m).

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 $30.8m against liabilities of $27.7m, net assets of $3.1m.