Spokane Urban Ministries
EIN: 260302417 · Spokane, WA · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $609K |
| Total Expenses | $751K |
| Net Assets | $-3,170,655 |
Is Spokane Urban Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spokane Urban Ministries
Spokane Urban Ministries (EIN: 260302417) is a nonprofit organization based in Spokane, WA, classified under NTEE code L21. The organization reported total revenue of $609K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spokane Urban Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spokane Urban Ministries is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $571K |
| Total Expenses | $751K |
| Surplus / Deficit | $-179,388 |
| Total Assets | $4.9M |
| Total Liabilities | $8.1M |
| Net Assets | $-3,170,655 |
| Operating Margin | -31.4% |
| Debt-to-Asset Ratio | 164.9% |
| Months of Reserves | 78.1 months |
Financial Health Grade: C
In 2023, Spokane Urban Ministries reported a deficit of $179K with expenses exceeding revenue, holds 78.1 months of operating reserves (strong position), has a debt-to-asset ratio of 164.9% (high leverage).
Financial Trends
Over 12 years of filings (2010–2023), Spokane Urban Ministries's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | -0.6% | -3.6% |
| 2022 | +0.2% | +7.7% | -5.5% |
| 2021 | +4.3% | +4.8% | -4.3% |
| 2020 | +12.2% | +4.2% | -1.3% |
| 2019 | +11.4% | +3.3% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spokane Urban Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spokane Urban Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 164.9%.
Frequently Asked Questions about Spokane Urban Ministries
Is Spokane Urban Ministries a legitimate charity?
Spokane Urban Ministries (EIN: 260302417) is a registered tax-exempt nonprofit based in Washington. It has 12 years of IRS 990 filings on record. Total revenue: $609K. No red flags identified. Financial health grade: C.
How does Spokane Urban Ministries spend its money?
Spokane Urban Ministries reported $609K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spokane Urban Ministries tax-deductible?
Spokane Urban Ministries is registered as a tax-exempt nonprofit (EIN: 260302417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spokane Urban Ministries located?
Spokane Urban Ministries is headquartered in Spokane, Washington and files with the IRS under EIN 260302417. It is classified under NTEE code L21.
How many years of IRS 990 filings does Spokane Urban Ministries have?
Spokane Urban Ministries has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $609K in total revenue.
Filing History
IRS 990 filing history for Spokane Urban Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Spokane Urban Ministries's revenue has grown by 293.9%, moving from $145K to $571K. Total assets decreased by 39.8% over the same period, from $8.1M to $4.9M. Total functional expenses rose by 116.9%, from $346K to $751K. In its most recent filing year (2023), Spokane Urban Ministries reported a deficit of $179K, with expenses exceeding revenue. The organization holds $8.1M in liabilities against $4.9M in assets (debt-to-asset ratio: 164.9%), resulting in net assets of $-3,170,655.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $571K | $751K | $4.9M | $8.1M | — | — |
| 2022 | $462K | $755K | $5.1M | $8.1M | — | View 990 |
| 2021 | $461K | $701K | $5.4M | $8.1M | — | View 990 |
| 2020 | $442K | $668K | $5.6M | $8.1M | — | View 990 |
| 2019 | $394K | $642K | $5.7M | $7.9M | — | View 990 |
| 2018 | $354K | $621K | $5.9M | $7.9M | — | View 990 |
| 2017 | $359K | $619K | $6.2M | $7.9M | — | View 990 |
| 2016 | $323K | $598K | $6.5M | $7.9M | — | View 990 |
| 2015 | $330K | $601K | $6.7M | $7.9M | — | View 990 |
| 2014 | $330K | $601K | $7.0M | $7.9M | — | View 990 |
| 2011 | $87K | $359K | $7.8M | $7.9M | — | View 990 |
| 2010 | $145K | $346K | $8.1M | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $571K, expenses of $751K, and assets of $4.9M (revenue +23.7% year-over-year).
- 2022: Revenue of $462K, expenses of $755K, and assets of $5.1M (revenue +0.2% year-over-year).
- 2021: Revenue of $461K, expenses of $701K, and assets of $5.4M (revenue +4.3% year-over-year).
- 2020: Revenue of $442K, expenses of $668K, and assets of $5.6M (revenue +12.2% year-over-year).
- 2019: Revenue of $394K, expenses of $642K, and assets of $5.7M (revenue +11.4% year-over-year).
- 2018: Revenue of $354K, expenses of $621K, and assets of $5.9M (revenue -1.6% year-over-year).
- 2017: Revenue of $359K, expenses of $619K, and assets of $6.2M (revenue +11.2% year-over-year).
- 2016: Revenue of $323K, expenses of $598K, and assets of $6.5M (revenue -2.1% year-over-year).
- 2015: Revenue of $330K, expenses of $601K, and assets of $6.7M (revenue -0.1% year-over-year).
- 2014: Revenue of $330K, expenses of $601K, and assets of $7.0M (revenue +279.7% year-over-year).
- 2011: Revenue of $87K, expenses of $359K, and assets of $7.8M (revenue -40.0% year-over-year).
- 2010: Revenue of $145K, expenses of $346K, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spokane Urban Ministries:
Data Sources and Methodology
This transparency report for Spokane Urban Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.