Umstead Coalition
Analysis
Umstead Coalition is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Umstead Coalition reported income of $360k and spending of $342k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $113k to $360k (+219%), an average of +219% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 96% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Umstead Coalition 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 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Rushmore Hockey and Skating Association ($360k), Dragonfly Capacity Development ($360k) and Sports and Health in the City Inc ($360k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 11% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 11%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rushmore Hockey and Skating Association | Rapid City | $360k |
| Dragonfly Capacity Development | Memphis | $360k |
| Sports and Health in the City Inc | New York | $360k |
| Kendrick Gymnastics | Conshohocken | $360k |