Mke Urban Stables Inc

Analysis

Mke Urban Stables Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Mke Urban Stables Inc reported income of $464k and spending of $541k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $2.2m to $464k (-79%), an average of -27% a year. The sharpest change came in the year to December 2019, when income dropped by 68%. Over the whole period it spent 35% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mke Urban Stables Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include North Central Missouri Childrens Advocacy Center ($464k), Decarcerate Miami Inc ($464k) and Unshakeable ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $87k (16% of expenses). Other salaries and wages came to $116k. At year end it held assets of $5.9m against liabilities of $1.5m, net assets of $4.4m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.