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Urban League of Palm Beach County a ND Treasure Coast Inc

RegisteredEIN 59-1533710West Palm BCH, FLPoverty relief
Income$10.6m2023-06
Spending$10.1msame year
Spent / received95%5-year average
Size in its cause94th pctPoverty relief
Exempt since1974Publicly supported organisat
Employees38latest return

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

$0$2.6m$5.3m$7.9m$10.6m2019 Income: $4,580,7412019 Spending: $4,440,42620192020 Income: $4,786,8112020 Spending: $4,741,51920202021 Income: $5,419,0982021 Spending: $4,717,19820212022 Income: $4,664,0282022 Spending: $4,470,70320222023 Income: $10,595,2772023 Spending: $10,073,0172023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.1%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Gateways to Change IncCranston$10.6m
The Legacy at Home IncPlano$10.6m
Broad Acres Nursing Home AssociationWellsboro$10.6m
Minnesota Masonic Charities FundsBloomington$10.6m