Urban Foundation Inc

Analysis

Urban Foundation Inc is a registered charity in United States, based in Obetz, OH. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, 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 2022, Urban Foundation Inc reported income of $120k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $218k to $120k (-45%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 3.0% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include One at a Time Kids Foundation Inc ($120k), Brunswick Ecumenical Assistance Committee on Needs Inc ($121k) and Enhanceability ($120k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.