Future Urban Leaders Foundation Inc

Analysis

Future Urban Leaders Foundation Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Future Urban Leaders Foundation Inc reported income of $286k and spending of $316k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $183k to $286k (+56%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Urban Leaders Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Anderson County Athletic Booster Club ($286k), Lambs of God Inc ($286k) and Champions of Youth Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $93k (29% of expenses). Other salaries and wages came to $70k. At year end it held assets of $269k against liabilities of $24k, net assets of $245k. It reported 6 employees.