Uslec

Analysis

Uslec is a registered charity in United States, based in Palisades Park, NJ. It received its IRS tax-exemption ruling in April 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, Uslec reported income of $68k and spending of $68k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $68k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uslec sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Troy and Baden Biddle Foundation ($68k), Lambert High School Volleyball Booster Club Inc ($68k) and Central Parents Organization ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,063 against liabilities of $0, net assets of $9,063.