Urban University

Analysis

Urban University is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Urban University reported income of $342k and spending of $241k, leaving 29% of income unspent that year. Across the 4 years on record, from July 2021 to July 2024, income grew from $245k to $342k (+39%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Urban University 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 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Custer 2020 Inc ($341k), Main Street Middletown MD Inc ($342k) and Old Takoma Business Association Inc ($341k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 72% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $65k (27% of expenses). Other salaries and wages came to $67k. At year end it held assets of $299k against liabilities of $76k, net assets of $223k. It reported 10 employees.