Up - Ipade Foundation Inc

Analysis

Up - Ipade Foundation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Up - Ipade Foundation Inc reported income of $1.1m and spending of $72k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income rose by 1056%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Up - Ipade Foundation 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 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Front Porch Alliance-Kansas City Inc ($1.1m), Amplify Louisville Inc ($1.1m) and Nextstage ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.