Uct Charities

Analysis

Uct Charities is a registered charity in United States, based in Galloway, OH. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Uct Charities reported income of $112k and spending of $104k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $154k to $112k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uct Charities sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Lafayette Estates PTO Inc ($112k), Crystal Sea Drama Company Inc ($112k) and State University College at Fredonia Alumni Association Inc ($112k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.