Upward Unlimited

Analysis

Upward Unlimited is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Upward Unlimited reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $587k to $1.6m (+174%), an average of +29% a year. The sharpest change came in the year to September 2020, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Upward Unlimited sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Newark Workforce Investment Board Inc ($1.6m), Lyn Treece Boys & Girls Club of Tippecanoe County Inc ($1.6m) and Manitou Council Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.9% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $136k (8.1% of expenses). Other salaries and wages came to $493k. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $152k. It reported 93 employees.