The Urban League of Greater Chattanooga Inc

Analysis

The Urban League of Greater Chattanooga Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2023, The Urban League of Greater Chattanooga Inc reported income of $6.1m and spending of $3.1m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $6.1m (+267%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 137%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Urban League of Greater Chattanooga Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Tasks Unlimited Inc ($6.1m), NW Works Inc ($6.1m) and Spectrum Support Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.9% of the total. Other salaries and wages came to $575k. At year end it held assets of $4.7m against liabilities of $840k, net assets of $3.8m. It reported 14 employees.