Upsolve Inc

Analysis

Upsolve Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Upsolve Inc reported income of $1.2m and spending of $1.9m, spending 166% 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 (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 73% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Upsolve Inc 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 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Pro Bono Legal Services Inc ($1.2m), North Louisiana Interfaith ($1.2m) and Bonafide Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $205k (11% of expenses). Other salaries and wages came to $673k. At year end it held assets of $3.3m against liabilities of $44k, net assets of $3.3m. It reported 12 employees.