Ucom-Urbanserv Inc

Analysis

Ucom-Urbanserv Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 1979, 47 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 December 2023, Ucom-Urbanserv Inc reported income of $1.1m and spending of $1.1m, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $339k to $1.1m (+228%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 174%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ucom-Urbanserv 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 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Teaneck Volunteer Ambulance Corps ($1.1m), Elk River Youth Hockey Association Inc ($1.1m) and Pathways Adult Education & Training Inc ($1.1m).

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 $55k (5.2% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $339k against liabilities of $36k, net assets of $302k. It reported 6 employees.