We Care for Ukraine

Analysis

We Care for Ukraine is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, We Care for Ukraine reported income of $194k and spending of $17k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $194k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 38% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, We Care for Ukraine sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Hilltown Commons Inc ($194k), Code to Inspire Inc ($194k) and Children of Hope and Faith ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.