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The Urban Child Institute

RegisteredEIN 58-1514037Memphis, TNOther charitable purposes
Income$15.2m2023-12
Spending$7.1msame year
Spent / received162%5-year average
Size in its cause97th pctOther charitable purposes
Exempt since1983Supporting organisation
Employees4latest return

Analysis

The Urban Child Institute is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Urban Child Institute reported income of $15.2m and spending of $7.1m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $15.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 222%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Urban Child Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Virginia University of Lynchburg Inc ($15.2m), Agency on Aging of South Central Connecticut Inc ($15.2m) and Hope for Youth Inc ($15.2m).

Compensation of current officers, directors and key employees was $387k (5.4% of expenses). Other salaries and wages came to $252k. At year end it held assets of $129.0m against liabilities of $4.5m, net assets of $124.6m. It reported 4 employees.

Income and spending

$0$5.8m$11.5m$17.3m$23.0m2019 Income: $9,808,0522019 Spending: $17,864,16020192020 Income: $7,151,9142020 Spending: $8,836,91020202021 Income: $23,035,9012021 Spending: $8,076,59120212022 Income: -$21,732,6352022 Spending: $12,291,03420222023 Income: $15,242,4302023 Spending: $7,108,7162023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Virginia University of Lynchburg IncLynchburg$15.2m
Agency on Aging of South Central Connecticut IncNorth Haven$15.2m
Hope for Youth IncAmityville$15.2m
Christian Schools IncMadison$15.3m