Urban League of Metropolitan Seattle

Analysis

Urban League of Metropolitan Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1947, 79 years ago. 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 2023, Urban League of Metropolitan Seattle reported income of $19.2m and spending of $13.7m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $19.2m (+317%), an average of +43% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Urban League of Metropolitan Seattle sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include The Groden Center Inc ($19.2m), Council on Rural Service Programs Inc ($19.2m) and Share ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $332k (2.4% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $22.5m against liabilities of $11.8m, net assets of $10.7m. It reported 144 employees.