Urban League of Essex County

Analysis

Urban League of Essex County is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in June 1958, 68 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 2023, Urban League of Essex County reported income of $7.3m and spending of $6.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $7.3m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Essex County sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Glen Eddy Inc ($7.3m), Yuba-Sutter Gleaners Food Bank Inc ($7.3m) and Family Services Network of New York ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $221k (3.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $12.7m against liabilities of $8.1m, net assets of $4.6m. It reported 145 employees.