Uparc Apartments Inc

Analysis

Uparc Apartments Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in September 1987, 39 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 September 2023, Uparc Apartments Inc reported income of $147k and spending of $135k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $142k to $147k (+3.4%), an average of +0.8% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uparc Apartments Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Funds for Friends ($147k), Michael P Nosco Foundation Inc ($147k) and Teule ($147k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $757k against liabilities of $534k, net assets of $222k.