Ucc IX Inc

Analysis

Ucc IX 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 IX Inc reported income of $402k and spending of $426k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $402k (+5.1%), an average of +1.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc IX Inc sits at the 53rd percentile: it is larger than about 52% 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 Pagedale RHF Housing Inc ($402k), Lake Como Community of Hope Inc ($402k) and St Peters Senior Citizens Corporation ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $59k. At year end it held assets of $983k against liabilities of $3.0m, net assets of -$2.0m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.