Urbanext

Analysis

Urbanext is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Urbanext reported income of $103k and spending of $136k, spending 132% of what it took in. Across the 2 years on record, from December 2023 to July 2024, income grew from $100k to $103k (+2.7%), an average of +2.7% a year. Over the whole period it spent 171% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urbanext sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Shadow Creek High School Band Boosters ($103k), Montana Library Association Inc ($103k) and New Life International Foundation for Children ($103k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,727 against liabilities of $398k, net assets of -$396k.