Ucc III Inc

Analysis

Ucc III 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 III Inc reported income of $345k and spending of $295k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $345k (+7.1%), an average of +1.7% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc III Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Evergreen Terrace Inc ($345k), Community for Creative Non-Violence ($346k) and Don Pedro Housing Corporation ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $48k. At year end it held assets of $932k against liabilities of $2.0m, net assets of -$1.1m. It reported 2 employees.