Ukraine Trustchain

Analysis

Ukraine Trustchain is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in May 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 (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, Ukraine Trustchain reported income of $6.4m and spending of $5.1m, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4.0m to $6.4m (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ukraine Trustchain sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Child Impact International ($6.4m), Doterra Healing Hands Foundation ($6.4m) and Helps International Incorporated ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.