U L C Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Growing revenue
U L C Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1992, with $1,293,196 in FY2024 revenue. CharityIndex grades it D.
200 East Brandeis Ave, Louisville, KY, 40208 EIN 61-1193494 Since 1992
Revenue (FY2024)
$1.3M
▲ 65.8% vs prior year
Expenses (FY2024)
$1.3M
Net assets
-$23K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for U L C Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For U L C Inc: 0 mo reserves · -2% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for U L C Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For U L C Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 200 East Brandeis Ave, Louisville, KY, 40208
- City
- Louisville
- State
- Kentucky
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $2.2M (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
-$23K
Total liabilities
$0
Net assets
-$23K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,293,196▲65.8% | $1,316,319▲67.8% | -$23,123 | -$23,123 | 990 |
| 2023 | $779,762▲127% | $784,244▲102% | $0 | $0 | 990 |
| 2022 | $343,701▼27.6% | $389,097▼40.7% | $0▲100% | $0▼100% | 990 |
| 2021 | $474,980▲25.1% | $655,666▲14.1% | -$327,060▼123% | $115,927▼10.3% | 990 |
| 2020 | $379,748▼80.2% | $574,763▼66.8% | -$146,374▼401% | $129,247▼29.0% | 990 |
| 2019 | $1,916,162▼7.1% | $1,732,553▼20.2% | $48,641▲136% | $182,009▼36.2% | 990 |
| 2018 | $2,062,335▼3.3% | $2,171,712▼3.2% | -$134,968▼427% | $285,413▲11.1% | 990 |
| 2017 | $2,131,825▼7.9% | $2,242,704▼2.9% | -$25,591▼130% | $256,950▲7.0% | 990 |
| 2016 | $2,314,730▼4.1% | $2,310,285▼4.9% | $85,288▲5.5% | $240,182▼1.9% | 990 |
| 2015 | $2,413,577▲1.7% | $2,428,863▲3.3% | $80,843▼15.9% | $244,721▼37.2% | 990 |
| 2014 | $2,374,378▲7.8% | $2,351,270▲3.6% | $96,129▲31.6% | $389,397▲24.5% | 990 |
| 2013 | $2,202,298 | $2,268,891▼9.5% | $73,021▼47.7% | $312,748▼12.4% | 990 |
| 2012 | — | $2,507,337▲6.1% | $139,614▼77.4% | $356,848▼56.5% | 990 |
| 2011 | — | $2,363,451 | $618,725 | $821,267 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $500 total
1 grant to U L C Inc totaling $500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Growth | 2018 | $500 |
Frequently asked questions
- Is U L C Inc a legitimate nonprofit?
- Yes. U L C Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1193494, based in Louisville, Kentucky. Donations are tax-deductible.
- What is U L C Inc's EIN?
- U L C Inc's Employer Identification Number (EIN) is 61-1193494.
- How much revenue does U L C Inc report?
- U L C Inc reported $1,293,196 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does U L C Inc have?
- CharityIndex grades U L C Inc D, based on financial health (reserves and operating margin).
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Explore more
Data for U L C Inc (EIN 61-1193494) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.