Center for Urban Transformation

Analysis

Center for Urban Transformation 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 June 2024, Center for Urban Transformation reported income of $354k and spending of $728k, spending 205% of what it took in. Across the 5 years on record, from December 2019 to June 2024, income grew from $144k to $354k (+147%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 302%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Urban Transformation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Agape Adoptions ($354k), Mount Sterling Community Center ($354k) and Veggies to Table ($354k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $457k (63% of expenses). At year end it held assets of $78k against liabilities of $42k, net assets of $36k.