Fort Wayne Urban League Inc

Analysis

Fort Wayne Urban League Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1951, 75 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, Fort Wayne Urban League Inc reported income of $508k and spending of $556k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $691k to $508k (-26%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 403%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Wayne Urban League Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Light of Hope Inc ($508k), Zepf Housing Corporation Three Inc ($508k) and Is-Able Ministries ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $95k (17% of expenses). Other salaries and wages came to $60k. At year end it held assets of $1.6m against liabilities of $233k, net assets of $1.4m. It reported 2 employees.