Urban Neighborhood Development Corporation

Analysis

Urban Neighborhood Development Corporation is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in October 1980, 46 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, Urban Neighborhood Development Corporation reported income of $205k and spending of $13k, leaving 94% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 2051620%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban Neighborhood Development Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Mt Juliet Youth Sports Association Inc ($205k), Family Services Association of Boyle County ($205k) and Christian Food Bank Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 268% of the total. At year end it held assets of $457k against liabilities of $20k, net assets of $437k.