Ukrainian Cultural Club of Dallas

Analysis

Ukrainian Cultural Club of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ukrainian Cultural Club of Dallas reported income of $95k and spending of $85k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $547k to $95k (-83%), an average of -83% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 97% 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 Cultural Club of Dallas sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include African American Heritage Society Inc ($95k), Springboro Community Theatre Inc ($95k) and Juniata County Historical Society ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.