Urban Ed Inc

Analysis

Urban Ed Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2000, 26 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 September 2023, Urban Ed Inc reported income of $426k and spending of $505k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $520k to $426k (-18%), an average of -4.9% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Ed Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Williamsburg County Development Corporation ($426k), Womens Impact Alliance ($427k) and Henry Development Foundation Inc ($426k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $103k (20% of expenses). Other salaries and wages came to $170k. At year end it held assets of $252k against liabilities of $11k, net assets of $241k. It reported 3 employees.