Ukrainian Catholic Education Foundation

Analysis

Ukrainian Catholic Education Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Ukrainian Catholic Education Foundation reported income of $8.3m and spending of $9.7m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $6.2m to $8.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 702%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ukrainian Catholic Education Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Presbyterian Mo-Ranch Assembly ($8.3m), Lighthouse Catholic Media NFP ($8.4m) and Christian Motorcyclists Assn Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $326k (3.3% of expenses). Other salaries and wages came to $388k. At year end it held assets of $22.4m against liabilities of $4.1m, net assets of $18.3m. It reported 8 employees.