Ukrainian American Youth Association of Passaic Inc

Analysis

Ukrainian American Youth Association of Passaic Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in February 1990, 36 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, Ukrainian American Youth Association of Passaic Inc reported income of $71k and spending of $83k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $71k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ukrainian American Youth Association of Passaic Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($71k), Gulf Coast Crimestoppers Inc ($71k) and Neighbors Immigration Clinic Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 11% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.