Poltava Center Inc

Analysis

Poltava Center Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in February 1997, 29 years ago. 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 March 2023, Poltava Center Inc reported income of $577k and spending of $546k, spending 95% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $565k to $577k (+2.1%), an average of +0.7% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poltava Center Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Bethany Home Health Care Inc ($577k), Northeast-Midwest Institute ($577k) and Padres Unidos NP ($577k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.5m against liabilities of $3.3m, net assets of -$1.8m. It reported 7 employees.