Urban Transformation Network

Analysis

Urban Transformation Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 Transformation Network reported income of $295k and spending of $301k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $295k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Urban Transformation Network sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of Beaver County ($295k), Montana Outfitters & Guides Education Institute ($295k) and Earth Circle Foundation Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (10.0% of expenses). Other salaries and wages came to $30k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.