Ukraine-Moldova American Enterprise Fund

Analysis

Ukraine-Moldova American Enterprise Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Ukraine-Moldova American Enterprise Fund reported income of $134.5m and spending of $7.8m, leaving 94% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $174k to $134.5m (+77014%), an average of +427% a year. The sharpest change came in the year to September 2020, when income dropped by 4004%. Over the whole period it spent 24% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ukraine-Moldova American Enterprise Fund 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 IL. Charities of a similar size with the same main cause include Childrens Hunger Fund ($134.2m), Mana Nutritive Aid Products Inc ($137.9m) and Acdi Voca ($133.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $431k (5.5% of expenses). Other salaries and wages came to $982k. At year end it held assets of $224.1m against liabilities of $538k, net assets of $223.6m. It reported 2 employees.