The Urban Child Institute
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
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Virginia University of Lynchburg Inc | Lynchburg | $15.2m |
| Agency on Aging of South Central Connecticut Inc | North Haven | $15.2m |
| Hope for Youth Inc | Amityville | $15.2m |
| Christian Schools Inc | Madison | $15.3m |