Mesa Urban Renewal & Arts Lab

Analysis

Mesa Urban Renewal & Arts Lab is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2020, Mesa Urban Renewal & Arts Lab reported income of $142k and spending of $149k, spending 105% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $171k to $142k (-17%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mesa Urban Renewal & Arts Lab sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within AZ. Charities of a similar size with the same main cause include The Falk Institute ($142k), Lemonaid Fund ($142k) and Friends of Transparency International ($142k).

On its Form 990-EZ for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,242 against liabilities of $0, net assets of $5,242.