Upswing Foundation

Analysis

Upswing Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Upswing Foundation reported income of $915k and spending of $1.8m, spending 200% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $10.1m to $915k (-91%), an average of -91% a year. The sharpest change came in the year to September 2023, when income dropped by 91%. Over the whole period it spent 32% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Upswing Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Communities in Schools of Indiana Inc ($915k), Youth Reach Gulf Coast Inc ($915k) and Alliance for Girls ($914k).

Compensation of current officers, directors and key employees was $256k (14% of expenses). Other salaries and wages came to $176k. At year end it held assets of $29.4m against liabilities of $277k, net assets of $29.1m. It reported 5 employees.