Upbuild Foundation

Analysis

Upbuild Foundation is a registered charity in United States, based in Long Grove, IL. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Upbuild Foundation reported income of $140k and spending of $108k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $987 to $140k (+14078%), an average of +14078% a year. The sharpest change came in the year to December 2023, when income rose by 14078%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upbuild Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Treasure Coast Girls Coalition Inc ($140k), Cherished High Desert Inc ($140k) and South Lansing Community Development Association ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.