Ultimook

Analysis

Ultimook is a registered charity in United States, based in Tillamook, OR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Ultimook reported income of $406k and spending of $303k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $223k to $406k (+82%), an average of +82% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ultimook sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Veda Yoga ($406k), Bloomington Youth Hockey Inc ($406k) and Laguna Beach Football Club ($406k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.