Urban Edge Housing Corp
Urban Edge Housing Corp: Strong Asset Growth, Consistent Program Spending
EIN: 222483475 · Roxbury, MA · NTEE: S200 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $13.0M |
| Total Expenses | $8.6M |
| Program Spending | 78% |
| Net Assets | $54.5M |
| Transparency Score | 85/100 |
Is Urban Edge Housing Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urban Edge Housing Corp directs 78% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urban Edge Housing Corp
Urban Edge Housing Corp (EIN: 222483475) is a nonprofit organization based in Roxbury, MA, classified under NTEE code S200. The organization reported total revenue of $13.0M and total assets of $74.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Edge Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urban Edge Housing Corp is a large nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $67.5M |
| Total Liabilities | $12.9M |
| Net Assets | $54.5M |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 19.2% |
| Months of Reserves | 94.2 months |
Financial Health Grade: A
In 2023, Urban Edge Housing Corp reported a surplus of $2.3M with revenue exceeding expenses, holds 94.2 months of operating reserves (strong position), has a debt-to-asset ratio of 19.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Urban Edge Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +5.5% | +13.3% |
| 2022 | +2.8% | -3.8% | +23.9% |
| 2021 | +41.2% | +-0.0% | -15.6% |
| 2020 | +1.8% | -10.0% | +19.9% |
| 2019 | +1.1% | +22.4% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Urban Edge Housing Corp with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 12%
- programs: 78%
- fundraising: 10%
According to IRS 990 filings, Urban Edge Housing Corp allocates its expenses as follows: admin: 12%, programs: 78%, fundraising: 10%. With 78% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the 'c0%' in filings suggests no compensation from related organizations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Urban Edge Housing Corp:
- Consistent growth in total assets, nearly doubling from $38.19M in 2018 to $74.67M in 2023.
- Strong program spending, consistently allocating a high percentage of expenses to direct programs.
- Healthy revenue streams, with total revenues generally exceeding total expenses in recent years.
- Low liability-to-asset ratio, indicating good financial health and solvency.
Frequently Asked Questions about Urban Edge Housing Corp
Is Urban Edge Housing Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Urban Edge Housing Corp (EIN: 222483475) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Urban Edge Housing Corp spend its money?
Urban Edge Housing Corp directs 78% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Urban Edge Housing Corp tax-deductible?
Urban Edge Housing Corp is registered as a tax-exempt nonprofit (EIN: 222483475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Urban Edge Housing Corp's spending goes to programs?
Urban Edge Housing Corp directs 78% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Urban Edge Housing Corp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Urban Edge Housing Corp is above average for NTEE category S200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Urban Edge Housing Corp located?
Urban Edge Housing Corp is headquartered in Roxbury, Massachusetts and files with the IRS under EIN 222483475. It is classified under NTEE code S200.
How many years of IRS 990 filings does Urban Edge Housing Corp have?
Urban Edge Housing Corp has 14 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 $13.0M in total revenue.
What does Urban Edge Housing Corp do?
Urban Edge Housing Corp is a nonprofit organization in the Community Improvement sector, located in Roxbury, Massachusetts. It is classified under NTEE code S200.
How much revenue does Urban Edge Housing Corp have?
Urban Edge Housing Corp reported total revenue of $13,041,945. Based on 14 IRS 990 filings on record.
What are Urban Edge Housing Corp's total assets?
Urban Edge Housing Corp holds total assets of $74,669,302 as reported in IRS 990 filings.
Where is Urban Edge Housing Corp located?
Urban Edge Housing Corp is based in Roxbury, Massachusetts.
What is Urban Edge Housing Corp's EIN?
Urban Edge Housing Corp's Employer Identification Number (EIN) is 222483475. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Urban Edge Housing Corp?
Urban Edge Housing Corp is classified under NTEE code S200 (Community Improvement).
Is Urban Edge Housing Corp a registered 501(c)(3)?
Yes, Urban Edge Housing Corp is recognized as a tax-exempt organization by the IRS. EIN: 222483475.
Does Urban Edge Housing Corp file IRS Form 990?
Yes, Urban Edge Housing Corp has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Urban Edge Housing Corp's revenue in 2023?
In the 202312 filing period, Urban Edge Housing Corp reported total revenue of $10,937,114, total expenses of $8,599,200, and net assets of $67,468,338.
Is Urban Edge Housing Corp's revenue growing or declining?
Urban Edge Housing Corp's revenue is declining. Revenue went from $13,624,386 (202212) to $10,937,114 (202312), a -19.7% change. Based on 14 filings on record.
What is Urban Edge Housing Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Urban Edge Housing Corp covers tax period 202312. It shows revenue of $10,937,114, expenses of $8,599,200, total assets of $67,468,338, and liabilities of $12,943,445.
How much does Urban Edge Housing Corp spend on programs vs administration?
Based on IRS 990 analysis, Urban Edge Housing Corp allocates approximately 78% of expenses to program services, 12% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Urban Edge Housing Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Urban Edge Housing Corp appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Urban Edge Housing Corp's strengths?
Positive indicators for Urban Edge Housing Corp include: Consistent growth in total assets, nearly doubling from $38.19M in 2018 to $74.67M in 2023.. Strong program spending, consistently allocating a high percentage of expenses to direct programs.. Healthy revenue streams, with total revenues generally exceeding total expenses in recent years.. Low liability-to-asset ratio, indicating good financial health and solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Urban Edge Housing Corp compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the 'c0%' in filings suggests no compensation from related organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Urban Edge Housing Corp manage to achieve such consistent asset growth while maintaining a high percentage of program spending?
The consistent asset growth, from $38.19M in 2018 to $74.67M in 2023, alongside high program spending, suggests effective grant acquisition, investment strategies, and potentially successful real estate development or acquisition, which increases asset value while serving their mission.
What specific strategies does Urban Edge Housing Corp employ to keep its administrative and fundraising costs relatively low compared to program expenses?
While specific strategies aren't detailed, the consistent spending breakdown (averaging 12% admin, 10% fundraising) indicates efficient operational management, potentially through volunteer engagement, streamlined administrative processes, and cost-effective fundraising campaigns that maximize program allocation.
Filing History
IRS 990 filing history for Urban Edge Housing Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Urban Edge Housing Corp's revenue has grown by 318.8%, moving from $2.6M to $10.9M. Total assets increased by 251.3% over the same period, from $19.2M to $67.5M. Total functional expenses rose by 312.4%, from $2.1M to $8.6M. In its most recent filing year (2023), Urban Edge Housing Corp reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $12.9M in liabilities against $67.5M in assets (debt-to-asset ratio: 19.2%), resulting in net assets of $54.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $8.6M | $67.5M | $12.9M | — | — |
| 2022 | $13.6M | $8.2M | $59.5M | $14.2M | — | View 990 |
| 2021 | $13.2M | $8.5M | $48.1M | $10.2M | — | View 990 |
| 2020 | $9.4M | $8.5M | $56.9M | $26.9M | — | View 990 |
| 2019 | $9.2M | $9.4M | $47.5M | $19.1M | — | View 990 |
| 2018 | $9.1M | $7.7M | $38.2M | $18.7M | — | View 990 |
| 2017 | $9.3M | $7.6M | $39.1M | $22.4M | — | View 990 |
| 2016 | $9.3M | $7.2M | $39.4M | $24.3M | — | View 990 |
| 2015 | $19.8M | $7.1M | $29.1M | $18.0M | — | View 990 |
| 2014 | $5.0M | $4.2M | $25.7M | $18.8M | — | View 990 |
| 2013 | $6.5M | $4.5M | $21.4M | $15.4M | — | View 990 |
| 2012 | $3.6M | $2.7M | $20.7M | $16.6M | — | View 990 |
| 2011 | $4.1M | $1.1M | $19.4M | $16.5M | — | View 990 |
| 2011 | $2.6M | $2.1M | $19.2M | $18.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $8.6M, and assets of $67.5M (revenue -19.7% year-over-year).
- 2022: Revenue of $13.6M, expenses of $8.2M, and assets of $59.5M (revenue +2.8% year-over-year).
- 2021: Revenue of $13.2M, expenses of $8.5M, and assets of $48.1M (revenue +41.2% year-over-year).
- 2020: Revenue of $9.4M, expenses of $8.5M, and assets of $56.9M (revenue +1.8% year-over-year).
- 2019: Revenue of $9.2M, expenses of $9.4M, and assets of $47.5M (revenue +1.1% year-over-year).
- 2018: Revenue of $9.1M, expenses of $7.7M, and assets of $38.2M (revenue -1.9% year-over-year).
- 2017: Revenue of $9.3M, expenses of $7.6M, and assets of $39.1M (revenue -0.3% year-over-year).
- 2016: Revenue of $9.3M, expenses of $7.2M, and assets of $39.4M (revenue -52.9% year-over-year).
- 2015: Revenue of $19.8M, expenses of $7.1M, and assets of $29.1M (revenue +295.2% year-over-year).
- 2014: Revenue of $5.0M, expenses of $4.2M, and assets of $25.7M (revenue -22.7% year-over-year).
- 2013: Revenue of $6.5M, expenses of $4.5M, and assets of $21.4M (revenue +81.3% year-over-year).
- 2012: Revenue of $3.6M, expenses of $2.7M, and assets of $20.7M (revenue -11.9% year-over-year).
- 2011: Revenue of $4.1M, expenses of $1.1M, and assets of $19.4M (revenue +55.7% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.1M, and assets of $19.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Urban Edge Housing Corp:
Data Sources and Methodology
This transparency report for Urban Edge Housing Corp 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.