Urbana Parks Foundation

Analysis

Urbana Parks Foundation is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Urbana Parks Foundation reported income of $501k and spending of $481k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $501k (+184%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 442%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Urbana Parks Foundation 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 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Jonathan Club Charitable Fund ($501k), United Way of the Columbia Gorge ($501k) and Replanted Ministry Inc ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.4m against liabilities of $193k, net assets of $1.2m.