Urban Mennonite Ministries Incorporated

Analysis

Urban Mennonite Ministries Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Urban Mennonite Ministries Incorporated reported income of $1.1m and spending of $814k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income grew from $710k to $1.1m (+57%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Mennonite Ministries Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Anchor Academy Inc ($1.1m), Transformative Leadership Academy ($1.1m) and Belvedere Nursery School Inc ($1.1m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 41% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $344k. At year end it held assets of $1.6m against liabilities of $596k, net assets of $1.0m. It reported 25 employees.