The Urban Enrichment Institute

Analysis

The Urban Enrichment Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Urban Enrichment Institute reported income of $706k and spending of $1.1m, spending 154% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $706k (-46%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Urban Enrichment Institute 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 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Eagle Foundation ($706k), Benola Inc ($706k) and Wonder Inc ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $451k. At year end it held assets of $924k against liabilities of $67k, net assets of $857k. It reported 12 employees.