Urban League of Greater Richmond

Analysis

Urban League of Greater Richmond is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in May 1932, 94 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 League of Greater Richmond reported income of $304k and spending of $377k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $304k (+24%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Greater Richmond sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Would-Works Inc ($303k), Eritrean Community Association Inc ($304k) and National Association of Cuban American Women of the United State ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.