Uptown Community Initiative

Analysis

Uptown Community Initiative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Uptown Community Initiative reported income of $453k and spending of $385k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $217k to $453k (+109%), an average of +20% a year. The sharpest change came in the year to September 2022, when income rose by 72%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Uptown Community Initiative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include City of Grosse Pointe Foundation ($453k), Fond du Lac Festivals Inc ($453k) and Rotary Club of Deerwood Charities Inc ($452k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $148k. At year end it held assets of $182k against liabilities of $27k, net assets of $156k. It reported 3 employees.