Urban Solutions Training and Development Corporation

Analysis

Urban Solutions Training and Development Corporation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Solutions Training and Development Corporation reported income of $233k and spending of $245k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $233k (+238%), an average of +238% a year. The sharpest change came in the year to December 2023, when income rose by 238%. Over the whole period it spent 115% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Solutions Training and Development Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Main Street Martinsburg Inc ($233k), Lexington Lions Club Endowment Inc ($233k) and Automotive Industry Apprenticeship Trust Fund ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $63k. At year end it held assets of $9,761 against liabilities of $43k, net assets of -$34k.