Urban Homeownership Corp
Urban Homeownership Corp maintains stable finances with no reported officer compensation over five years.
EIN: 132611472 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $2.2M |
| Transparency Score | 90/100 |
Is Urban Homeownership Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urban Homeownership Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urban Homeownership Corp
Urban Homeownership Corp (EIN: 132611472) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Homeownership Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urban Homeownership Corp is a mid-size nonprofit that has been operating for 58 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$56K |
| Total Assets | $2.2M |
| Total Liabilities | $35K |
| Net Assets | $2.2M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2015, Urban Homeownership Corp reported a surplus of $56K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Urban Homeownership Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +8.7% | -1.2% | +1.5% |
| 2014 | -4.2% | +3.7% | -5.0% |
| 2013 | -8.6% | +2.1% | +0.6% |
| 2012 | +12.7% | -10.8% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Homeownership Corp with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Urban Homeownership Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five available filings, indicating that no officers received compensation from the organization during these periods. This is a highly positive indicator for a nonprofit of its size, with revenues consistently over $1.5 million.
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 Homeownership Corp:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Stable and healthy asset base, consistently above $1.8 million, providing financial security.
- 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.
Frequently Asked Questions about Urban Homeownership Corp
Is Urban Homeownership Corp a legitimate charity?
Urban Homeownership Corp (EIN: 132611472) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 5 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Urban Homeownership Corp spend its money?
Urban Homeownership Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Urban Homeownership Corp tax-deductible?
Urban Homeownership Corp is registered as a tax-exempt nonprofit (EIN: 132611472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Urban Homeownership Corp CEO make?
Urban Homeownership Corp's highest-compensated officer earns $1.5 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Urban Homeownership Corp's spending goes to programs?
Urban Homeownership Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Urban Homeownership Corp located?
Urban Homeownership Corp is headquartered in New York, New York and files with the IRS under EIN 132611472.
How many years of IRS 990 filings does Urban Homeownership Corp have?
Urban Homeownership Corp has 5 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 $2.2M in total revenue.
Is Urban Homeownership Corp a good charity?
Based on the provided IRS 990 data, Urban Homeownership Corp appears to be a well-managed charity. Key indicators include stable revenues, healthy assets, and most notably, 0% officer compensation reported over five years, suggesting a strong focus on its mission.
How has Urban Homeownership Corp's revenue trended?
Urban Homeownership Corp's revenue has fluctuated but remained robust, ranging from $1,511,806 in 2014 to $2,230,263 in the latest period, indicating a generally stable to growing financial capacity.
What is the organization's asset-to-liability ratio?
In 2015, the organization had assets of $2,185,189 and liabilities of $34,511, resulting in a very strong asset-to-liability ratio of approximately 63:1, indicating excellent financial solvency.
Filing History
IRS 990 filing history for Urban Homeownership Corp showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Urban Homeownership Corp's revenue has grown by 7.3%, moving from $1.5M to $1.6M. Total assets increased by 6.8% over the same period, from $2.0M to $2.2M. Total functional expenses fell by 6.6%, from $1.7M to $1.6M. In its most recent filing year (2015), Urban Homeownership Corp reported a surplus of $56K, with revenue exceeding expenses. The organization holds $35K in liabilities against $2.2M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.6M | $1.6M | $2.2M | $35K | — | View 990 |
| 2014 | $1.5M | $1.6M | $2.2M | $57K | — | View 990 |
| 2013 | $1.6M | $1.5M | $2.3M | $75K | — | View 990 |
| 2012 | $1.7M | $1.5M | $2.3M | $89K | — | View 990 |
| 2011 | $1.5M | $1.7M | $2.0M | $92K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $2.2M (revenue +8.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $2.2M (revenue -4.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $2.3M (revenue -8.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.5M, and assets of $2.3M (revenue +12.7% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.7M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Urban Homeownership Corp:
Data Sources and Methodology
This transparency report for Urban Homeownership 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.