Ukrainian Cultural Center Ofsyracuse Inc

Analysis

Ukrainian Cultural Center Ofsyracuse Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ukrainian Cultural Center Ofsyracuse Inc reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $70k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ukrainian Cultural Center Ofsyracuse Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Arts Council of Chester County ($70k), Haitian-American United Inc ($70k) and Damascus Fiber Arts School ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $96k against liabilities of $87k, net assets of $8,927.