Uspiritus Inc

Analysis

Uspiritus Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1947, 79 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Uspiritus Inc reported income of $13.6m and spending of $14.7m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.8m to $13.6m (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Uspiritus Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include St Mary S Nursing Center Inc ($13.6m), Mymichigan Health Foundation ($13.6m) and Central North Alabama Health Services Inc ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $70k (0.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $23.8m against liabilities of $2.3m, net assets of $21.5m. It reported 299 employees.