Uwua Power for America Training Trust Fund

Analysis

Uwua Power for America Training Trust Fund is a registered charity in United States, based in Bingham Farms, MI. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uwua Power for America Training Trust Fund reported income of $1.2m and spending of $3.0m, spending 242% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.2m (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 180%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uwua Power for America Training Trust Fund sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Park Slope Afterschool Center Corp ($1.2m), St Francis School of Law ($1.2m) and Hudson Lab School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 102% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $7.3m against liabilities of $1.8m, net assets of $5.6m. It reported 26 employees.