Spokane Urban Ministries

Analysis

Spokane Urban Ministries is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spokane Urban Ministries reported income of $571k and spending of $751k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $571k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 151% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spokane Urban Ministries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include League of Human Dignity Building Corporation ($571k), Thomaston Elderly Housing Inc ($572k) and Hcha Redevelopment Authority Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Other salaries and wages came to $104k. At year end it held assets of $4.9m against liabilities of $8.1m, net assets of -$3.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.