Urban Community Network

Analysis

Urban Community Network is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Urban Community Network reported income of $406k and spending of $528k, spending 130% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $467k to $406k (-13%), an average of -13% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Community Network sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Garden Preschool Cooperative Inc ($406k), Montgomery County Federation of Fmles for CHLDRNS MNTL Health Inc ($407k) and Kingdom Partners ($406k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). Other salaries and wages came to $266k. At year end it held assets of $202k against liabilities of $0, net assets of $202k.