Ukrainian History and Education Center Inc

Analysis

Ukrainian History and Education Center Inc is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in March 2018, 8 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 History and Education Center Inc reported income of $242k and spending of $115k, leaving 52% of income unspent that year. Across the 4 years on record, from June 2021 to December 2023, income grew from $214k to $242k (+13%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 243%. Over the whole period it spent 27% 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 History and Education Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include National Center for Jewish Film Inc ($242k), Real Life Center for the Performing Arts ($242k) and Schaumburg on Stage ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.6% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.2m against liabilities of $8,192, net assets of $1.2m. It reported 3 employees.