Urzone Inc

Analysis

Urzone Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Urzone Inc reported income of $791k and spending of $684k, spending 86% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $514k to $791k (+54%), an average of +16% a year. The sharpest change came in the year to April 2021, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urzone Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Oklahoma Repertory Theatre Group Incorporated ($791k), Dearmon Creative Arts School Inc ($791k) and Poetry Society of America ($791k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $120k (17% of expenses). Other salaries and wages came to $46k. At year end it held assets of $687k against liabilities of $29k, net assets of $658k. It reported 2 employees.