Urbanpromise Trenton Inc

Analysis

Urbanpromise Trenton Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Urbanpromise Trenton Inc reported income of $925k and spending of $937k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $545k to $925k (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Urbanpromise Trenton Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Weaving Earth Inc ($925k), Called to Compete Inc ($925k) and Plast Ukrainian Scouting Organization USA ($924k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (9.1% of expenses). Other salaries and wages came to $502k. At year end it held assets of $281k against liabilities of $187k, net assets of $94k. It reported 61 employees.