Uca Development

Analysis

Uca Development is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uca Development reported income of $169k and spending of $182k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $169k (+108%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uca Development sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within UT. Charities of a similar size with the same main cause include Iea Childrens Fund Inc ($169k), Como Lions Heart ($169k) and Maine Highlands Senior Center ($169k).

At year end it held assets of $8.8m against liabilities of $9.1m, net assets of -$261k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.