Urban League of Palm Beach County a ND Treasure Coast Inc
Analysis
Urban League of Palm Beach County a ND Treasure Coast Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in October 1974, 52 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 Palm Beach County a ND Treasure Coast Inc reported income of $10.6m and spending of $10.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $10.6m (+131%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Palm Beach County a ND Treasure Coast Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Gateways to Change Inc ($10.6m), The Legacy at Home Inc ($10.6m) and Broad Acres Nursing Home Association ($10.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $285k (2.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.9m against liabilities of $800k, net assets of $2.1m. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.1%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gateways to Change Inc | Cranston | $10.6m |
| The Legacy at Home Inc | Plano | $10.6m |
| Broad Acres Nursing Home Association | Wellsboro | $10.6m |
| Minnesota Masonic Charities Funds | Bloomington | $10.6m |