Urban Ed Academy

Analysis

Urban Ed Academy is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Urban Ed Academy reported income of $1.3m and spending of $1.6m, spending 126% of what it took in. Across the 6 years on record, from December 2018 to June 2023, income grew from $608k to $1.3m (+113%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 136%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Ed Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Scy High Tech Inc ($1.3m), Gets Theological Seminary ($1.3m) and Worldclass Schools of Leon County Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $80k (4.9% of expenses). Other salaries and wages came to $241k. At year end it held assets of $4.1m against liabilities of $580k, net assets of $3.5m. It reported 42 employees.