Urban Oak Initiative Inc

Analysis

Urban Oak Initiative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Oak Initiative Inc reported income of $201k and spending of $126k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $201k (+99%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Urban Oak Initiative Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Very Asian Foundation ($201k), The Elmore Bolling Initiative Inc ($201k) and Indinapolis Legal Aid Foundation Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.