Ufcs

Analysis

Ufcs is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ufcs reported income of $304k and spending of $214k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $217k to $304k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ufcs sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Middle Tennessee Research Institute ($304k), Conference of Research Workers in Animal Diseases ($304k) and Assure the Future ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $56k (26% of expenses). It paid $3,594 in professional fundraising fees. At year end it held assets of $178k against liabilities of $0, net assets of $178k. It reported 1 employees.