Ucc X Inc

Analysis

Ucc X Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in January 1996, 30 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 X Inc reported income of $528k and spending of $468k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $528k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc X Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Sahure Senior Villa Inc ($528k), St Francis of Assissi Inc ($528k) and Ms State Fed of Colored Womens Club HSG for the Elderly in Hattisburg ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 39% of the total. Other salaries and wages came to $68k. At year end it held assets of $1.0m against liabilities of $3.0m, net assets of -$1.9m. It reported 1 employees.