Ucc XX Inc

Analysis

Ucc XX Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in November 2005, 21 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 (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, Ucc XX Inc reported income of $329k and spending of $370k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $329k (+27%), an average of +6.2% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc XX Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Good News Shelter Corporation ($329k), Clermont Housing Corporation ($330k) and Sr Louise Demarillac Corporation ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 40% of the total. Other salaries and wages came to $49k. At year end it held assets of $779k against liabilities of $3.0m, net assets of -$2.2m. 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.