Upaya Social Ventures

Analysis

Upaya Social Ventures is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Upaya Social Ventures reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $948k to $1.2m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Upaya Social Ventures 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 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Bethany Relief and Rehabilitation International ($1.2m), Agudas Tov Vchesed Inc ($1.2m) and Global Missions Group ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $144k (12% of expenses). Other salaries and wages came to $536k. It paid $24k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $1.7m, net assets of $2.0m. It reported 6 employees.