Urban Guild Inc

Analysis

Urban Guild Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in April 2017, 9 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 2023, Urban Guild Inc reported income of $1.4m and spending of $805k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $1.4m (+193%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 143%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban Guild Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Greater Beaufort-Port Royal Convention and Visitors Bureau ($1.4m), Sheppard Pratt Investment Inc ($1.4m) and Executive Service Corps of Southern California ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $92k. At year end it held assets of $2.2m against liabilities of $1.2m, net assets of $1.0m. It reported 7 employees.