Urban Transformation Ministries

Analysis

Urban Transformation Ministries is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Urban Transformation Ministries reported income of $134k and spending of $146k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $49k to $134k (+172%), an average of +65% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Transformation Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Helping Hands of Bismarck Ar ($134k), Feed My Sheep Ministries ($134k) and Home Living Opportunities Inc ($134k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 93% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.