Ukrainian Educational and Cultural

Analysis

Ukrainian Educational and Cultural is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in September 1980, 46 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 June 2023, Ukrainian Educational and Cultural reported income of $2.3m and spending of $1.8m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 80% 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 Educational and Cultural sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Pennsylvania Shakespeare Festival ($2.3m), Vortex Repertory Company ($2.3m) and World Aquaculture Society Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 67% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.3m against liabilities of $78k, net assets of $3.3m. It reported 104 employees.