Urban Alliance Inc

Analysis

Urban Alliance Inc is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in September 2008, 18 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 Alliance Inc reported income of $948k and spending of $887k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $948k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Alliance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Arizona Sunshine Angels ($948k), Lake Cumberland Childrens Advocacy Center ($948k) and Toco Hills Community Alliance Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $117k (13% of expenses). Other salaries and wages came to $277k. At year end it held assets of $1.6m against liabilities of $2,733, net assets of $1.6m. It reported 6 employees.