Institute for Urban Initiatives

Analysis

Institute for Urban Initiatives is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Institute for Urban Initiatives reported income of $380k and spending of $328k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $380k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Urban Initiatives sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Great Commission 3 16 Corporation ($380k), Unitarian Universalist Massachusetts Action Network Inc ($380k) and Limitless Church ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (27% of expenses). Other salaries and wages came to $85k. At year end it held assets of $645k against liabilities of $3,814, net assets of $641k. It reported 2 employees.