Urban Institute

Analysis

Urban Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Institute reported income of $124.7m and spending of $137.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $126.7m to $124.7m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Institute sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Segerstrom Center for the Arts ($124.1m), Colonial Williamsburg Foundation ($125.8m) and Internews Network ($123.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $1.9m (1.3% of expenses). Other salaries and wages came to $65.1m. At year end it held assets of $342.1m against liabilities of $96.2m, net assets of $245.9m. It reported 774 employees.