Urban League of Greater Miami Inc

Analysis

Urban League of Greater Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Urban League of Greater Miami Inc reported income of $5.7m and spending of $6.7m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.7m (+75%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 242%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Greater Miami Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Homeworthy ($5.7m), Family Support Center of South Sound ($5.7m) and Neads Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $51.7m against liabilities of $35.0m, net assets of $16.7m. It reported 7 employees.

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.