The Underserved Communities Foundation Inc

Analysis

The Underserved Communities Foundation Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in December 2021, 5 years ago. 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, The Underserved Communities Foundation Inc reported income of $273k and spending of $218k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $236k to $273k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Underserved Communities Foundation Inc 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 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Combined Guardians Inc ($273k), The Arlington Institute ($273k) and Springvale Public Library Association ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $113k (52% of expenses). At year end it held assets of $183k against liabilities of $16k, net assets of $167k. It reported 1 employees.