Ucar Exchange

Analysis

Ucar Exchange is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in July 1987, 39 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 September 2023, Ucar Exchange reported income of $1.4m and spending of $4.0m, spending 274% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $157k to $1.4m (+824%), an average of +74% a year. The sharpest change came in the year to September 2022, when income rose by 1478%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ucar Exchange sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Nami Georgia Inc ($1.4m), Aspira Inc of New Jersey ($1.4m) and Big Brothers Big Sisters of Greater ($1.4m).

At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.