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Urban Strategies Inc

RegisteredEIN 11-2484364Brooklyn, NYEducation and training
Income$12.6m2023-06
Spending$11.5msame year
Spent / received95%5-year average
Size in its cause94th pctEducation and training
Exempt since1989Publicly supported organisat
Employees184latest return

Analysis

Urban Strategies Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Strategies Inc reported income of $12.6m and spending of $11.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $12.6m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Strategies Inc 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 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Sefaria Inc ($12.6m), Ma Maritime Academy Foundation Inc ($12.6m) and Antioch College Corporation ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $7.3m against liabilities of $4.4m, net assets of $2.9m. It reported 184 employees.

Income and spending

$0$3.2m$6.3m$9.5m$12.7m2019 Income: $8,844,9672019 Spending: $9,844,14620192020 Income: $9,181,9502020 Spending: $9,997,74720202021 Income: $12,685,7052021 Spending: $9,813,20720212022 Income: $10,184,4332022 Spending: $9,834,69920222023 Income: $12,560,7852023 Spending: $11,476,3412023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 0.4%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Sefaria IncNew York$12.6m
Ma Maritime Academy Foundation IncBuzzards Bay$12.6m
Antioch College CorporationYellow SPGS$12.6m
Cornerstone Academy Community SchoolWesterville$12.6m