Knoxville Area Urban League

Analysis

Knoxville Area Urban League is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 1968, 58 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, Knoxville Area Urban League reported income of $4.3m and spending of $2.1m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $4.3m (+209%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 120%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knoxville Area Urban League sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Disability Rights Louisiana ($4.3m), Guardian Angel Settlement Association ($4.3m) and Law Enforcement Officers Relief Fund Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $140k (6.6% of expenses). Other salaries and wages came to $917k. At year end it held assets of $8.7m against liabilities of $1.4m, net assets of $7.3m. It reported 15 employees.