Hub Urban Ministries

Analysis

Hub Urban Ministries is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 2009, 17 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, Hub Urban Ministries reported income of $737k and spending of $950k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $586k to $737k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 22%. 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, Hub Urban Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Hannahs Home ($737k), Parkside Pre-School Center Ltd ($737k) and Ann K Kirby Foundation ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $400k. At year end it held assets of $439k against liabilities of $155k, net assets of $284k. It reported 17 employees.