Ufw Foundation

Analysis

Ufw Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in January 1974, 52 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, Ufw Foundation reported income of $68.4m and spending of $65.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $68.4m (+1093%), an average of +86% a year. The sharpest change came in the year to December 2020, when income rose by 444%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ufw Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Capital Area Health Consortium Inc ($68.3m), Saint Dominics Family Services ($69.0m) and Area Agency of Aging District 7 Inc ($68.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $818k (1.3% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $13.7m against liabilities of $3.8m, net assets of $9.9m. It reported 180 employees.