Urban Soil Tierra Urbana
Analysis
Urban Soil Tierra Urbana is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Urban Soil Tierra Urbana reported income of $398k and spending of $385k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $398k (+6.7%), an average of +1.6% a year. Over the whole period it spent 88% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban Soil Tierra Urbana sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Lighthouse Living Centers No 2 Incorporated ($397k), Aspire Indiana Housing Inc ($398k) and Jefferson East Inc ($397k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $866 (0.2% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.5m against liabilities of $978k, net assets of $487k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.6%
- Program services 93%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lighthouse Living Centers No 2 Incorporated | Houston | $397k |
| Aspire Indiana Housing Inc | Carmel | $398k |
| Jefferson East Inc | Norristown | $397k |
| United Church Residences of Corinth Mississippi Inc | Marion | $398k |