Urban League of the Upstate Senior Housing Corporation

Analysis

Urban League of the Upstate Senior Housing Corporation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 the Upstate Senior Housing Corporation reported income of $157k and spending of $172k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $157k (+17%), an average of +4.1% a year. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban League of the Upstate Senior Housing Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Eh2 Inc ($157k), Carbondale Senior Housing Corp Phase II ($157k) and Mills Center Apartments Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. At year end it held assets of $674k against liabilities of $1.4m, net assets of -$708k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.