Urban Community School Property Foundation

Analysis

Urban Community School Property Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Urban Community School Property Foundation reported income of $5.5m and spending of $1.1m, leaving 80% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $277k to $5.5m (+1889%), an average of +111% a year. The sharpest change came in the year to June 2023, when income rose by 696%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Community School Property Foundation 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 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Palmdale Aerospace Academy Foundation ($5.5m), National Education Opportunity Network Inc ($5.5m) and Madison Area Technical College Foundation Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $25.6m against liabilities of $15.6m, net assets of $10.0m.