Urban Skye

Analysis

Urban Skye is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in December 2015, 11 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 Skye reported income of $764k and spending of $820k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $487k to $764k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Urban Skye sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Center for Jewish Life Inc ($764k), Guadalupana Eucaristicas Del Padre Celestial Foundation ($764k) and Histadruth Horabonim Deamerica Rabbinical Council of America Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $68k (8.3% of expenses). Other salaries and wages came to $618k. At year end it held assets of $216k against liabilities of $18k, net assets of $198k. It reported 16 employees.