Umoja Abq

Analysis

Umoja Abq is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Umoja Abq reported income of $164k and spending of $50k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $164k (+898%), an average of +898% a year. The sharpest change came in the year to December 2023, when income rose by 898%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Umoja Abq sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NM. Charities of a similar size with the same main cause include FLVS Foundation Inc ($164k), Parent Teacher Organization of Glendale Spanish Immersion Element ($164k) and Beacon Education Foundation ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.2% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.