Urban Community Agri-Nomics

Analysis

Urban Community Agri-Nomics is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Community Agri-Nomics reported income of $285k and spending of $128k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $285k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Community Agri-Nomics sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include JLBC Community Alliance Inc ($285k), Missionary Families of Christ ($285k) and Itnbluegrass Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $29k (23% of expenses). Other salaries and wages came to $34k. At year end it held assets of $472k against liabilities of $33, net assets of $472k. It reported 7 employees.