Ultimate Care
Analysis
Ultimate Care is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, 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, Ultimate Care reported income of $424k and spending of $419k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $424k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ultimate Care sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Nancys Community Center Inc ($424k), Magic Hat Thrift Shop Inc ($425k) and Lighthouse DC ($424k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (11% of expenses). Other salaries and wages came to $33k. At year end it held assets of $31k against liabilities of $11k, net assets of $19k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nancys Community Center Inc | Gaffney | $424k |
| Magic Hat Thrift Shop Inc | Marblehead | $425k |
| Lighthouse DC | Washington | $424k |
| Inspired Life Therapy | Tacoma | $425k |