Ukraine Connection Ministries

Analysis

Ukraine Connection Ministries is a registered charity in United States, based in Tyner, NC. It received its IRS tax-exemption ruling in December 2011, 15 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, Ukraine Connection Ministries reported income of $93k and spending of $83k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $93k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ukraine Connection Ministries sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include It Is Finished Ministries Inc ($93k), Transformation Michigan ($93k) and Open Circle Center Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $47k against liabilities of $398, net assets of $47k.