Ucc VI Inc

Analysis

Ucc VI 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 VI Inc reported income of $415k and spending of $403k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $415k (+16%), an average of +3.8% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc VI Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Cedarcrest Housing Corporation ($415k), Rangeley Housing Development Corporation ($415k) and Erie Dawn Inc ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.1m against liabilities of $2.6m, net assets of -$1.4m. It reported 2 employees.