Ucross Foundation

Analysis

Ucross Foundation is a registered charity in United States, based in Clearmont, WY. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ucross Foundation reported income of $2.0m and spending of $2.8m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.0m (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ucross Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 91st percentile within WY. Charities of a similar size with the same main cause include Supporting Kids Athletics & Education ($2.0m), United Way of Jackson County Inc ($2.1m) and Tamil Nadu Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $171k (6.0% of expenses). Other salaries and wages came to $809k. It paid $48k in professional fundraising fees. At year end it held assets of $35.0m against liabilities of $91k, net assets of $34.9m. It reported 33 employees.