Springfield Urban League Inc

Analysis

Springfield Urban League Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 1959, 67 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 June 2023, Springfield Urban League Inc reported income of $22.0m and spending of $12.8m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.9m to $22.0m (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Urban League Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include California Friends Homes ($22.0m), Progressive Life Center Inc ($22.1m) and Jenkins Memorial Nursing Home Inc ($22.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Other salaries and wages came to $4.8m. At year end it held assets of $13.5m against liabilities of $1.9m, net assets of $11.6m. It reported 192 employees.