Urbanpromise Honduras Inc

Analysis

Urbanpromise Honduras Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Urbanpromise Honduras Inc reported income of $425k and spending of $628k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $425k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Urbanpromise Honduras Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include National Whistleblower Center ($425k), Arizona Public Defender Association ($425k) and Bridge Ministry Center ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $69k (11% of expenses). Other salaries and wages came to $200k. At year end it held assets of $445k against liabilities of $12k, net assets of $432k. It reported 2 employees.