Urban Corps of San Diego

Analysis

Urban Corps of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Urban Corps of San Diego reported income of $23.7m and spending of $16.1m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $23.7m (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Corps of San Diego sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Alliance Inc ($23.7m), Alliance for Downtown New York Inc ($23.7m) and Heart of Texas Workforce Development Board Inc ($23.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $201k (1.2% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $16.0m against liabilities of $2.4m, net assets of $13.7m. It reported 549 employees.