Urban Recipe Inc

Analysis

Urban Recipe Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Recipe Inc reported income of $2.4m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.4m (+131%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Recipe Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Sock It to Em Sock Campaign ($2.4m), Compassion United Inc ($2.4m) and Liberty Ridge Senior Living Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $128k (5.7% of expenses). Other salaries and wages came to $342k. At year end it held assets of $1.4m against liabilities of $210k, net assets of $1.1m. It reported 10 employees.