Urban Revival Inc

Analysis

Urban Revival Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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 June 2023, Urban Revival Inc reported income of $3.8m and spending of $2.5m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.8m (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban Revival Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Blanchet House of Hospitality ($3.8m), Girl Scouts of Greater Mississippi Inc ($3.8m) and Special Education Center of Hawaii ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $187k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.2m against liabilities of $114k, net assets of $6.1m. It reported 35 employees.