Ukrainian Association of Washington State

Analysis

Ukrainian Association of Washington State is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Ukrainian Association of Washington State reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $843k to $2.1m (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ukrainian Association of Washington State sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Honest Reporting Com Inc ($2.1m), Active Implementation Research Network Inc ($2.1m) and Yerba Buena Arts & Events ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $38k (2.0% of expenses). Other salaries and wages came to $23k. At year end it held assets of $508k against liabilities of $0, net assets of $508k.