Urban-15 Group

Analysis

Urban-15 Group is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 1987, 39 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-15 Group reported income of $634k and spending of $675k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $484k to $634k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban-15 Group sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include James H Harless Foundation Inc ($634k), Schnurmacher CRN ($634k) and Mountain Brook Athletics Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $82k (12% of expenses). Other salaries and wages came to $39k. At year end it held assets of $1.1m against liabilities of $297k, net assets of $820k. It reported 3 employees.