Urban Impact of Black Rock Incorporated

Analysis

Urban Impact of Black Rock Incorporated is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in September 2009, 17 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 (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 Impact of Black Rock Incorporated reported income of $310k and spending of $333k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $310k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban Impact of Black Rock Incorporated sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include F a S T T Inc ($310k), East Liberty Supportive Housing Inc ($310k) and Town Clock Community Development Corporation Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $187k. At year end it held assets of $280k against liabilities of $9,786, net assets of $270k. It reported 6 employees.