Ucc Xxiv Inc

Analysis

Ucc Xxiv Inc is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in October 2017, 9 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 (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, Ucc Xxiv Inc reported income of $278k and spending of $287k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $278k (+15%), an average of +3.6% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ucc Xxiv Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include Homesteading and Urban Redevelopment Corporation ($278k), Cabrini Green Lac Community Development Corporation ($279k) and Grace Place ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$167k. 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.