Urban Impact Ministries

Analysis

Urban Impact Ministries is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. 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 December 2023, Urban Impact Ministries reported income of $949k and spending of $935k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $653k to $949k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban Impact Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Commons Inc ($949k), White Bear Lake Area Historical Society ($949k) and Inspiring Life ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 32% of the total. Other salaries and wages came to $425k. At year end it held assets of $1.8m against liabilities of $503k, net assets of $1.3m. It reported 23 employees.