Ucf Athletic Association Inc

Analysis

Ucf Athletic Association Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ucf Athletic Association Inc reported income of $79.3m and spending of $81.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $63.7m to $79.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ucf Athletic Association Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Letourneau University ($79.2m), California State University Fresno Foundation ($79.3m) and Beloit College ($79.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.3m (1.6% of expenses). Other salaries and wages came to $20.6m. It paid $10k in professional fundraising fees. At year end it held assets of $89.9m against liabilities of $71.4m, net assets of $18.5m. It reported 290 employees.