Ucc IV Inc

Analysis

Ucc IV Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ucc IV Inc reported income of $532k and spending of $618k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $532k (+15%), an average of +3.5% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc IV Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include United Church Residences of Fredonia New York Inc ($532k), Properties Management Unlimited Corporation ($532k) and Cornerstone RHF Housing Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 43% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.2m against liabilities of $3.5m, net assets of -$2.3m. It reported 2 employees.