American Ukrainian Youth Association of Palatine

Analysis

American Ukrainian Youth Association of Palatine is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in October 1972, 54 years ago. 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, American Ukrainian Youth Association of Palatine reported income of $400k and spending of $271k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $400k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Ukrainian Youth Association of Palatine sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include New Mexico Art League Inc ($400k), Edwards Day Care Homes Inc ($400k) and New Hampshire East Youth Hockey ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. At year end it held assets of $1.7m against liabilities of $26k, net assets of $1.6m.