Ukraine America Initiative

Analysis

Ukraine America Initiative is a registered charity in United States, based in Lakeside, MT. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 America Initiative reported income of $78k and spending of $93k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $78k (-7.9%), an average of -7.9% a year. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Ukraine America Initiative sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MT. Charities of a similar size with the same main cause include Connecticut State Firefighters Association Inc ($78k), Hanover Hose Co No 1 ($78k) and Raysal Volunteer Fire Department Inc ($78k).

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 $2,540 against liabilities of $0, net assets of $2,540.