Urban Initiatives for Development

Analysis

Urban Initiatives for Development is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Urban Initiatives for Development reported income of $156k and spending of $156k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $274k to $156k (-43%), an average of -13% a year. The sharpest change came in the year to September 2023, when income dropped by 43%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Initiatives for Development sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include East Chambers Isd Education Foundation ($156k), Japanese Academy of the Rockies a Colorado Nonprofit Corporation ($156k) and New Manufacturing Alliance Scholarship Fund Inc ($156k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $13k, net assets of $137k.