Urbano Project Inc

Analysis

Urbano Project Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Urbano Project Inc reported income of $140k and spending of $207k, spending 148% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $216k to $140k (-35%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urbano Project Inc 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 45th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Dwipod Corporation ($140k), Hospice Volunteers of Waterville Area ($140k) and Endsideout Inc ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $1,527, net assets of $84k.