Underpriviledged Children Foundation Inc

Analysis

Underpriviledged Children Foundation Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in September 2017, 9 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 (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 2022, Underpriviledged Children Foundation Inc reported income of $1.8m and spending of $1.7m, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $1.1m to $1.8m (+62%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Underpriviledged Children Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include Love Unity & Values Institute ($1.8m), Boys and Girls Club of the Coastside ($1.8m) and Marguerite Neel Williams Boys & Girls Clubs of Southwest Ga Inc ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $364k (21% of expenses). Other salaries and wages came to $80k. At year end it held assets of $179k against liabilities of $0, net assets of $179k. It reported 8 employees.