Ukrainian Free University Foundation

Analysis

Ukrainian Free University Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1975, 51 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 Free University Foundation reported income of $555k and spending of $544k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $555k (+215%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ukrainian Free University Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include National Church Residences of ($555k), Family Resource Center of Central Oregon ($555k) and Worrell & Mitchell Group Home Inc ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $8,650. At year end it held assets of $2.3m against liabilities of $170k, net assets of $2.2m.