University License Equity Holdings Inc

Analysis

University License Equity Holdings Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University License Equity Holdings Inc reported income of $18.6m and spending of $4.2m, leaving 78% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $18.6m (+291%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 646%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, University License Equity Holdings Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Society of the Four Arts ($18.5m), Atlanta Historical Society Inc ($18.7m) and Fort Worth Art Association ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 0.5% of the total. At year end it held assets of $22.5m against liabilities of $43k, net assets of $22.5m.