Grand Rapids Urban League Inc

Analysis

Grand Rapids Urban League Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grand Rapids Urban League Inc reported income of $2.3m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.3m (+96%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Rapids Urban League Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Cambodian Family ($2.3m), Economic Empowerment Center ($2.3m) and Thrive Peninsula ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $131k (5.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $686k against liabilities of $235k, net assets of $450k. It reported 53 employees.