Upsculpt Inc

Analysis

Upsculpt Inc is a registered charity in United States, based in Greenport, NY. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Upsculpt Inc reported income of $91k and spending of $74k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $91k (+266%), an average of +266% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Upsculpt Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Japanese Assoc of Greater Boston Inc ($91k), Sault Ste Marie Foundation for Culture and History ($91k) and Kuaaina Associates Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. At year end it held assets of $18k against liabilities of $28k, net assets of -$9,884.