Ukrainian American Youth Association Inc

Analysis

Ukrainian American Youth Association Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ukrainian American Youth Association Inc reported income of $260k and spending of $164k, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $153k to $260k (+70%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ukrainian American Youth Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Thesmallslivefoundationinc ($260k), Northeast Wisconsin Hmong Professionals Incorporated ($260k) and Theatre Artists Studio Inc ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $356k against liabilities of $108k, net assets of $248k.