Ukrainian American Educational Center of Boston Inc

Analysis

Ukrainian American Educational Center of Boston Inc is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in April 2009, 17 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 American Educational Center of Boston Inc reported income of $219k and spending of $405k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5,050 to $219k (+4231%), an average of +156% a year. The sharpest change came in the year to December 2022, when income rose by 3501%. Over the whole period it spent 104% 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 American Educational Center of Boston Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Johnson County Historical Society Inc ($219k), Front Porch Theatricals ($219k) and Artsmart ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $44k against liabilities of $13k, net assets of $31k.