St Sophia Religious Association of Ukrainian Catholics Inc

Analysis

St Sophia Religious Association of Ukrainian Catholics Inc is a registered charity in United States, based in Elkins Park, PA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, St Sophia Religious Association of Ukrainian Catholics Inc reported income of $207k and spending of $264k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $207k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 182% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Sophia Religious Association of Ukrainian Catholics Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Taos Academy Foundation ($207k), Rahma Center of Charlotte Inc ($207k) and Spanish Church of God of Prophecy Ny 11 ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 12% of the total. Other salaries and wages came to $80k. At year end it held assets of $3.3m against liabilities of $26k, net assets of $3.3m. It reported 2 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.