Urban Juncture Foundation

Analysis

Urban Juncture Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Urban Juncture Foundation reported income of $1.7m and spending of $1.7m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $760k to $1.7m (+127%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Juncture Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Greater Lockport Development Corporation ($1.7m), NDN Fund ($1.7m) and Job Training Center of Tehama ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $305k. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $312k. It reported 8 employees.