Urban Word NYC Inc

Analysis

Urban Word NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2009, 17 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 June 2024, Urban Word NYC Inc reported income of $642k and spending of $858k, spending 134% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $660k to $642k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 118%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Word NYC Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Ely Chapman Education Foundation ($642k), Cuny School of Law Justice & Auxiliary Services Corporation ($643k) and An Open Book Foundation ($642k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 14% of the total. Other salaries and wages came to $424k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.