Urban Assembly Inc

Analysis

Urban Assembly Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1991, 35 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 August 2023, Urban Assembly Inc reported income of $9.2m and spending of $8.6m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.2m to $9.2m (+76%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 72%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Urban Assembly Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Womens International Zionist Organization ($9.2m), Middle East Media and Research Institute Inc ($9.2m) and Friends of Elnet ($9.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $310k (3.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $8.5m against liabilities of $1.9m, net assets of $6.7m. It reported 66 employees.