Urban Purpose Inc

Analysis

Urban Purpose Inc is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, 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 Purpose Inc reported income of $176k and spending of $181k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $383k to $176k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Purpose Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Calhoun-Liberty Ministry Center Inc ($176k), United Christian Care Center of Vidor Texas Inc ($176k) and Catalyst Foundation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $51k (28% of expenses). Other salaries and wages came to $4,750. At year end it held assets of $151k against liabilities of $1,805, net assets of $150k. It reported 2 employees.