Urban League of Hampton Roads Inc

Analysis

Urban League of Hampton Roads Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in January 1979, 47 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 June 2023, Urban League of Hampton Roads Inc reported income of $1.8m and spending of $2.0m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $608k to $1.8m (+197%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Hampton Roads Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Urc Foundation ($1.8m), Womens Center of Tarrant County Foundation ($1.8m) and Legacy Residential Homes Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $206k (10% of expenses). Other salaries and wages came to $851k. At year end it held assets of $1.0m against liabilities of $219k, net assets of $818k. It reported 29 employees.