Ufedme

Analysis

Ufedme is a registered charity in United States, based in Edmore, MI. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Ufedme reported income of $121k and spending of $125k, spending 103% of its income. Across the 2 years on record, from December 2021 to December 2023, income fell from $265k to $121k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ufedme sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Housing Health & Human Services Alliance of Rutherford County Inc ($121k), NH Housing Development NFP ($121k) and Yorba Linda Senior Citizens Club ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $234k against liabilities of $1,938, net assets of $232k.