House of Umoja Inc

Analysis

House of Umoja Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1974, 52 years ago. 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 June 2024, House of Umoja Inc reported income of $689k and spending of $389k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4,700 to $689k (+14566%), an average of +248% a year. The sharpest change came in the year to June 2024, when income rose by 903%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Umoja Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Rock River Center Inc ($689k), Vera French Foundation ($689k) and The Stickley Museum at Craftsman Farms Inc ($689k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.