Uptown Shelby Association

Analysis

Uptown Shelby Association is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 2023, Uptown Shelby Association reported income of $362k and spending of $254k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $362k (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uptown Shelby Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Ekar ($362k), Youth Environmental Alliance Inc ($362k) and Art Prevails Project ($362k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $113k. At year end it held assets of $562k against liabilities of $94k, net assets of $469k. It reported 4 employees.