Ubahaeze Sons & Daughters

Analysis

Ubahaeze Sons & Daughters is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ubahaeze Sons & Daughters reported income of $111k and spending of $100k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $111k (+172%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ubahaeze Sons & Daughters sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Nypds Fighting Finest Inc ($111k), Jackson County United Givers Fund Inc ($111k) and Ashdod Maercaz Chinuch Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.