Urban Hope Inc

Analysis

Urban Hope Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 July 2023, Urban Hope Inc reported income of $269k and spending of $309k, spending 115% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $242k to $269k (+11%), an average of +2.7% a year. The sharpest change came in the year to July 2022, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Urban Hope Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Neshoba Central Band Parents ($269k), The Weekend to Be Named Later Ltd ($269k) and Salt City Skaters Inc ($269k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $225k. It paid $20k in professional fundraising fees. At year end it held assets of $68k against liabilities of $41k, net assets of $26k. It reported 21 employees.