Coalition of Urban and Metropolitan Universities

Analysis

Coalition of Urban and Metropolitan Universities is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Coalition of Urban and Metropolitan Universities reported income of $708k and spending of $689k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $529k to $708k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 125%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coalition of Urban and Metropolitan Universities sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Loma Linda Broadcasting Network Inc ($708k), Butler County Library Board ($708k) and Ave Maria University Preparatory School Inc ($708k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $681k against liabilities of $170k, net assets of $512k.