Urban League of Hudson County Inc

Analysis

Urban League of Hudson County Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in August 1972, 54 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 Hudson County Inc reported income of $7.6m and spending of $7.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $7.6m (+9.0%), an average of +2.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Hudson County Inc 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 Sewa International Inc ($7.6m), Hoosier Hills Food Bank Inc ($7.6m) and North County Community Services ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $346k (4.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.2m against liabilities of $1.0m, net assets of $5.1m. It reported 92 employees.