U L C Inc

Analysis

U L C Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, U L C Inc reported income of $780k and spending of $784k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.1m to $780k (-62%), an average of -18% a year. The sharpest change came in the year to June 2024, when income rose by 127%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, U L C Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Unconstrained Analytics Inc ($780k), Riverside Family Clinic ($780k) and From His Presence Inc ($780k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $265k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.