Gate to Ukraine Inc

Analysis

Gate to Ukraine Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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, Gate to Ukraine Inc reported income of $380k and spending of $363k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $239k to $380k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gate to Ukraine Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Womens Foreign Policy Group Inc ($380k), Giao Diem Humanitarian Foundation Inc ($380k) and Water & Light ($380k).

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 $48k against liabilities of $0, net assets of $48k.