Urban Conservancy

Analysis

Urban Conservancy is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Conservancy reported income of $328k and spending of $354k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $487k to $328k (-33%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Conservancy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include 2 Fish Home Renovations ($328k), Somali Development Center Inc ($328k) and Meda Foundation Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Other salaries and wages came to $246k. At year end it held assets of $599k against liabilities of $137k, net assets of $462k. It reported 5 employees.