Lorain County Urban League Inc

Analysis

Lorain County Urban League Inc is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lorain County Urban League Inc reported income of $842k and spending of $828k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $842k (+155%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lorain County Urban League Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Missouri Child Care Association ($842k), Little Brothers Friends of the Elderly - Boston Inc ($842k) and Kollel Bais Yisrael ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $394k. At year end it held assets of $429k against liabilities of $12k, net assets of $417k. It reported 9 employees.