Ufp Business Administration Program

Analysis

Ufp Business Administration Program is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ufp Business Administration Program reported income of $1.1m and spending of $436k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $1.1m (+1033%), an average of +1033% a year. The sharpest change came in the year to December 2023, when income rose by 1033%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ufp Business Administration Program sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Juneau Montessori School ($1.1m), Fellowship for Race & Equity in Education ($1.1m) and Beginning Our Future Learning and Outreach Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $797k against liabilities of $0, net assets of $797k.