Utpl-Ny Inc

Analysis

Utpl-Ny Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Utpl-Ny Inc reported income of $567k and spending of $540k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $567k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Utpl-Ny Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Osher Lifelong Learning Institute ($567k), Sunrise Preservation Group Inc ($567k) and The Mike Slive Foundation for Prostate Cancer Research ($566k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $66k (12% of expenses). Other salaries and wages came to $147k. At year end it held assets of $663k against liabilities of $41k, net assets of $623k. It reported 5 employees.