Decreasing trend in liabilities from $92,485 in 2011 to $34,511 in 2015, demonstrating strong financial management.
Revenues consistently above $1.5 million, showing sustained donor support and operational capacity.
Expenses generally managed effectively, staying close to or below revenue levels.
Spending Breakdown
How Urban Homeownership Corp allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Urban Homeownership Corp
Is Urban Homeownership Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Urban Homeownership Corp (EIN: 132611472) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Urban Homeownership Corp a good charity to donate to?
Urban Homeownership Corp has a Mission Score of 90/100. Revenue: $2.2M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Urban Homeownership Corp?
The Employer Identification Number (EIN) for Urban Homeownership Corp is 132611472. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Urban Homeownership Corp spend its money?
Urban Homeownership Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Urban Homeownership Corp's tax-exempt status?
You can verify Urban Homeownership Corp's tax-exempt status using EIN 132611472 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Urban Homeownership Corp demonstrates a generally stable financial position over the five-year period analyzed. Revenues have fluctuated but remained consistently above $1.5 million, with the latest reported revenue at $2,230,263. The organization has maintained healthy asset levels, consistently above $1.8 million, indicating a solid financial foundation. Expenses have also been managed effectively, generally staying below or close to revenue levels, preventing significant deficits. A notable strength is the consistent reporting of 0% officer compensation across all five filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. The organization's liabilities have also shown a decreasing trend from $92,485 in 2011 to $34,511 in 2015, indicating good financial management and reduced debt burden. While specific program spending details are not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence and efficient resource allocation.