Stand with Ukraine

Analysis

Stand with Ukraine is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stand with Ukraine reported income of $50.7m and spending of $50.1m, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.2m to $50.7m (+1472%), an average of +1472% a year. The sharpest change came in the year to December 2023, when income rose by 1472%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stand with Ukraine sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Think of US ($50.7m), Berkshire County Arc Inc ($50.7m) and Rethink Food NYC Inc ($50.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $222k (0.4% of expenses). Other salaries and wages came to $172k. It paid $17k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $175, net assets of $1.2m. It reported 7 employees.