Urban Hope Inc

Analysis

Urban Hope Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 2011, 15 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 December 2023, Urban Hope Inc reported income of $916k and spending of $1.4m, spending 150% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $277k to $916k (+231%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Hope Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Intelli-School ($916k), Tri-Valley Nonprofit Alliance ($916k) and The Literacy Center ($915k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (6.4% of expenses). Other salaries and wages came to $99k. At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 5 employees.