Yuma Multiversity Campus Corporation

Analysis

Yuma Multiversity Campus Corporation is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Yuma Multiversity Campus Corporation reported income of $285k and spending of $155k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $10k to $285k (+2743%), an average of +2743% a year. The sharpest change came in the year to June 2023, when income rose by 2743%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yuma Multiversity Campus Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include High Plains Community Development Corporation Inc ($285k), Open Arms Rape Crisis Center & LGBT Services ($285k) and Southern Boulevard District Management Association Inc ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (64% of expenses). Other salaries and wages came to $4,403. At year end it held assets of $178k against liabilities of $695, net assets of $177k.