Urban Ventures LLC

Analysis

Urban Ventures LLC is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Urban Ventures LLC reported income of $468k and spending of $447k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $126k to $468k (+271%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 1260%. Over the whole period it spent 183% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban Ventures LLC sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Clifton Sanctuary Ministries Inc ($468k), Brookset Housing Development Fund Corporation ($468k) and Marshside Village Inc ($468k).

At year end it held assets of $6.5m against liabilities of $2.7m, net assets of $3.8m.