Urban Herbs Co

Analysis

Urban Herbs Co is a registered charity in United States, based in Avon, CO. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Herbs Co reported income of $95k and spending of $93k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $196k to $95k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Urban Herbs Co sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Feeding Gods Children Inc ($95k), Hand-N-Hand of Northeastern Wisconsin Inc ($95k) and International Neuroethics Society ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $96k, net assets of -$67k.