Urban Libraries Council

Analysis

Urban Libraries Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Libraries Council reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.7m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban Libraries Council sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 76th percentile within DC. Charities of a similar size with the same main cause include Ninety-Nines Inc ($3.7m), Mental Health Association of Monmouth County Inc ($3.7m) and Niagara Tobacco Asset Securitization Corp ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $661k (18% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.9m against liabilities of $2.6m, net assets of $2.4m. It reported 16 employees.