Umbau Inc

Analysis

Umbau Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2024, Umbau Inc reported income of $151k and spending of $141k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $151k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Umbau Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Creative Lives Inc ($151k), SSSM Florence ($151k) and Iaapa Foundation ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.