Urban Alternative
Analysis
Urban Alternative is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Alternative reported income of $22.0m and spending of $17.6m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.6m to $22.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 75% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Urban Alternative sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Mercy College of Health Sciences ($21.9m), Pioneer Bible Translators ($22.2m) and Charis Bible Colleges Inc ($21.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $585k (3.3% of expenses). Other salaries and wages came to $2.0m. It paid $385k in professional fundraising fees. At year end it held assets of $41.4m against liabilities of $2.7m, net assets of $38.7m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 2.9%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercy College of Health Sciences | Des Moines | $21.9m |
| Pioneer Bible Translators | Dallas | $22.2m |
| Charis Bible Colleges Inc | Woodland Park | $21.7m |
| Catholic Foundation for the Roman Catholic Church in Northern Co | Greenwood VLG | $22.4m |