Ukrainian American Sport Center Tryzub

Analysis

Ukrainian American Sport Center Tryzub is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Ukrainian American Sport Center Tryzub reported income of $276k and spending of $296k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $276k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ukrainian American Sport Center Tryzub sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Wright Stuff Community Foundation ($276k), Ingleside Community Center Inc ($276k) and Paws and Affection Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% of the total. At year end it held assets of $1.4m against liabilities of $194k, net assets of $1.2m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.