Springfield Urban League

Analysis

Springfield Urban League is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in August 1972, 54 years ago. 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, Springfield Urban League reported income of $563k and spending of $614k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $826k to $563k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Urban League sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Pulaski County Human Services Inc ($563k), National Agricultural Aviation Research and Education Foundation ($563k) and The National Society of Colonial Dames of America in Pa ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $79k. At year end it held assets of $838k against liabilities of $79k, net assets of $760k.