University Facilities Inc

Analysis

University Facilities Inc is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University Facilities Inc reported income of $20.4m and spending of $16.7m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $18.2m to $20.4m (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, University Facilities Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Dollar Energy Fund Inc ($20.3m), Resource Housing Group Inc ($20.4m) and Peoples Self-Help Housing Corporation ($20.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $129.6m against liabilities of $84.1m, net assets of $45.5m.