Universal Aid for Children

Analysis

Universal Aid for Children is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Universal Aid for Children reported income of $116k and spending of $200k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $116k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Universal Aid for Children sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Baby Foundation ($116k), Falls Area Community Services Inc ($116k) and Capitol Area Telugu Society ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (20% of expenses). At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 1 employees.