Urban Literacy Project

Analysis

Urban Literacy Project is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in March 2016, 10 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, Urban Literacy Project reported income of $550k and spending of $534k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $462k to $550k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Literacy Project sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Northampton Area Public Library Inc ($550k), Prep4all Inc ($550k) and Momentum Volleyball Academy Inc ($549k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.