Urban Mission Ministries Inc

Analysis

Urban Mission Ministries Inc is a registered charity in United States, based in Steubenville, OH. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Mission Ministries Inc reported income of $2.7m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.7m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban Mission Ministries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Durham Crisis Response Center ($2.7m), The Society of St Vincent de Paul of Philadelphia ($2.7m) and Okaloosa-Walton Jobs and Education Partnership Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $141k (5.4% of expenses). Other salaries and wages came to $804k. At year end it held assets of $3.5m against liabilities of $1.5m, net assets of $2.0m. It reported 41 employees.