Urban Bridges

Analysis

Urban Bridges is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover employment, 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 June 2023, Urban Bridges reported income of $372k and spending of $259k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $352k to $372k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Bridges sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Peoplecare Center for Nonprofits Inc ($371k), Leadership Houston Inc ($372k) and Wellfleet Preservation Hall ($371k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $131k. At year end it held assets of $501k against liabilities of $115k, net assets of $385k. It reported 11 employees.