Urban Neighborhood Initiative Inc

Analysis

Urban Neighborhood Initiative Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, 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 Neighborhood Initiative Inc reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $564k to $1.5m (+164%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Neighborhood Initiative Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Alliance of Artists Communities ($1.5m), Berkshire Innovation Center Inc ($1.5m) and Fishermans Wharf Association of San Francisco ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $628k. At year end it held assets of $3.0m against liabilities of $774k, net assets of $2.2m. It reported 10 employees.