Urban Discovery Ministries Inc

Analysis

Urban Discovery Ministries Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Urban Discovery Ministries Inc reported income of $418k and spending of $590k, spending 141% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $587k to $418k (-29%), an average of -6.6% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Urban Discovery Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include New Life Global Ministries Inc ($418k), Hands That Touch Inc ($419k) and Far Corners Missions ($418k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $44k (7.4% of expenses). Other salaries and wages came to $158k. At year end it held assets of $1.1m against liabilities of $4,797, net assets of $1.1m. It reported 6 employees.