Urban Homesteading Assistance U Hab

Urban Homesteading Assistance U Hab maintains strong asset growth and zero officer compensation, demonstrating financial stability and transparency.

EIN: 132902798 · New York, NY · NTEE: L020 · Updated: 2026-03-28

$5.0MRevenue
$29.6MAssets
92/100Mission Score (Excellent)
L020

Is Urban Homesteading Assistance U Hab Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Urban Homesteading Assistance U Hab directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Urban Homesteading Assistance U Hab

Urban Homesteading Assistance U Hab (EIN: 132902798) is a nonprofit organization based in New York, NY, classified under NTEE code L020. The organization reported total revenue of $5.0M and total assets of $29.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Homesteading Assistance U Hab's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Urban Homesteading Assistance U Hab demonstrates consistent financial health with growing assets and generally stable revenue. In the latest filing (202306), the organization reported revenues of $4,461,181 against expenses of $4,458,692, indicating a near break-even operation for that period. Over the past five years, assets have steadily increased from $21,964,586 in 201906 to $28,354,033 in 202306, suggesting effective asset management and growth. The organization's liabilities have also grown, but at a slower pace than assets, maintaining a healthy equity position. The spending efficiency appears strong, as evidenced by the minimal difference between revenues and expenses in recent years, implying that most funds are directly utilized for operations. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very low-cost leadership model. Overall, Urban Homesteading Assistance U Hab exhibits sound financial management, a strong commitment to its mission through efficient spending, and a high degree of transparency regarding executive compensation. The consistent growth in assets, coupled with the efficient use of funds, positions the organization well for continued impact in its community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Urban Homesteading Assistance U Hab with a Mission Score of 92 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

According to IRS 990 filings, Urban Homesteading Assistance U Hab allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with nearly $30 million in assets and annual revenues exceeding $4 million, suggesting either a fully volunteer leadership or compensation is covered by another entity, which warrants further investigation for complete transparency.

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.

Red Flags

The following concerns were identified during AI analysis of Urban Homesteading Assistance U Hab's IRS 990 filings:

Strengths

The following positive indicators were identified for Urban Homesteading Assistance U Hab:

Frequently Asked Questions about Urban Homesteading Assistance U Hab

Is Urban Homesteading Assistance U Hab a legitimate charity?

Based on AI analysis of IRS 990 filings, Urban Homesteading Assistance U Hab (EIN: 132902798) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

How does Urban Homesteading Assistance U Hab spend its money?

Urban Homesteading Assistance U Hab directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Urban Homesteading Assistance U Hab tax-deductible?

Urban Homesteading Assistance U Hab is registered as a tax-exempt nonprofit (EIN: 132902798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Urban Homesteading Assistance U Hab a good charity?

Based on the available IRS 990 data, Urban Homesteading Assistance U Hab appears to be a very good charity. It demonstrates strong financial health with growing assets, efficient spending (near break-even operations), and exceptional transparency regarding executive compensation (0% reported).

How does Urban Homesteading Assistance U Hab manage its assets and liabilities?

The organization has shown consistent asset growth, from $21,964,586 in 201906 to $28,354,033 in 202306. While liabilities have also increased, the growth in assets has outpaced liabilities, indicating sound financial management and a healthy balance sheet.

What is the trend in Urban Homesteading Assistance U Hab's revenue and expenses?

Revenue and expenses have generally been closely matched, particularly in recent years (e.g., 202306: Revenue=$4,461,181, Expenses=$4,458,692). This suggests efficient use of funds, with most revenue being expended on operations rather than accumulating large surpluses or deficits.

Filing History

IRS 990 filing history for Urban Homesteading Assistance U Hab showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Urban Homesteading Assistance U Hab's revenue has declined by 16.5%, moving from $5.3M to $4.5M. Total assets increased by 36.9% over the same period, from $20.7M to $28.4M. Total functional expenses fell by 11.8%, from $5.1M to $4.5M. In its most recent filing year (2023), Urban Homesteading Assistance U Hab reported a surplus of $2K, with revenue exceeding expenses. The organization holds $21.4M in liabilities against $28.4M in assets (debt-to-asset ratio: 75.4%), resulting in net assets of $7.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $4.5M $4.5M $28.4M $21.4M
2022 $4.1M $4.0M $23.0M $16.0M View 990
2021 $3.1M $3.2M $22.6M $15.8M View 990
2020 $3.4M $3.1M $22.5M $15.7M
2019 $2.9M $2.9M $22.0M $15.5M View 990
2018 $7.4M $3.1M $21.2M $14.7M View 990
2017 $3.3M $3.4M $17.0M $14.7M
2016 $4.1M $3.8M $17.1M $14.7M View 990
2015 $5.2M $3.9M $19.0M $16.8M View 990
2014 $3.9M $3.9M $18.1M $17.5M View 990
2013 $3.6M $3.8M $19.0M $18.3M View 990
2012 $6.6M $5.6M $19.8M $18.9M View 990
2011 $5.3M $5.1M $20.7M $20.0M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Urban Homesteading Assistance U Hab 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.

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