Urban Resource Institute
Urban Resource Institute experiences rapid asset growth while maintaining 0% reported officer compensation.
EIN: 112561648 · New York, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112.1M |
| Total Expenses | $88.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $23.3M |
| Transparency Score | 75/100 |
Is Urban Resource Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urban Resource Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urban Resource Institute
Urban Resource Institute (EIN: 112561648) is a nonprofit organization based in New York, NY, classified under NTEE code P200. The organization reported total revenue of $112.1M and total assets of $465.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Resource Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urban Resource Institute is a major nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87.4M |
| Total Expenses | $88.4M |
| Surplus / Deficit | $-955,171 |
| Total Assets | $278.7M |
| Total Liabilities | $255.4M |
| Net Assets | $23.3M |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 91.6% |
| Months of Reserves | 37.9 months |
Financial Health Grade: C
In 2023, Urban Resource Institute reported a deficit of $955K with expenses exceeding revenue, holds 37.9 months of operating reserves (strong position), has a debt-to-asset ratio of 91.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Urban Resource Institute's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +6.9% | +348.7% |
| 2022 | +8.2% | +8.9% | -1.7% |
| 2021 | +105.7% | +107.8% | +15.1% |
| 2020 | -43.9% | -43.8% | -7.1% |
| 2019 | -8.4% | +38.2% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Resource Institute with a Mission Score of 75 out of 100 (Good). 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 Resource Institute 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $955K, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.6%.
Executive Compensation Analysis
Urban Resource Institute consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $100 million in revenue and hundreds of millions in assets, suggesting a unique compensation structure or reporting method that warrants further inquiry.
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 Resource Institute's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which is highly unusual and may obscure actual executive remuneration.
- Dramatic and rapid increase in assets without clear explanation in the provided data, warranting further scrutiny of asset composition and funding.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary data, limiting precise efficiency assessment.
Strengths
The following positive indicators were identified for Urban Resource Institute:
- Significant and consistent revenue growth over the past decade, indicating strong financial development and capacity.
- Expenses closely align with revenue in most periods, suggesting efficient deployment of funds towards organizational activities.
- Substantial asset base ($465,232,626) provides a strong foundation for future operations and program expansion.
Frequently Asked Questions about Urban Resource Institute
Is Urban Resource Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Urban Resource Institute (EIN: 112561648) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Urban Resource Institute spend its money?
Urban Resource Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Urban Resource Institute tax-deductible?
Urban Resource Institute is registered as a tax-exempt nonprofit (EIN: 112561648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Urban Resource Institute CEO make?
Urban Resource Institute's highest-compensated officer earns $100 annually. The organization reported $112.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Urban Resource Institute's spending goes to programs?
Urban Resource Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Urban Resource Institute compare to similar nonprofits?
With a transparency score of 75/100 (Good), Urban Resource Institute is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Urban Resource Institute located?
Urban Resource Institute is headquartered in New York, New York and files with the IRS under EIN 112561648. It is classified under NTEE code P200.
How many years of IRS 990 filings does Urban Resource Institute have?
Urban Resource Institute has 13 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 $112.1M in total revenue.
How does Urban Resource Institute manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $100 million in revenue and significant assets is highly unusual. This could indicate that executive compensation is reported under different categories (e.g., as general salaries, or through a related entity), or that the organization truly operates with a volunteer executive leadership, which would be exceptional for its size.
What accounts for the dramatic increase in assets from $62 million in 2022 to $465 million in the latest period?
The substantial increase in assets, particularly the jump from $62,123,355 in 2022 to $278,723,768 in 2023, and then to $465,232,626 in the latest report, suggests significant capital investments, property acquisitions, or possibly the consolidation of assets from related entities. Further investigation into the balance sheet details of the 990 filings would be necessary to understand the nature and funding of these assets.
What is the actual breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of functional expenses. While the organization's expenses closely track revenue, indicating funds are being deployed, a precise assessment of spending efficiency requires the specific percentages allocated to programs, administration, and fundraising from the IRS 990, Part IX.
Filing History
IRS 990 filing history for Urban Resource Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Urban Resource Institute's revenue has grown by 363.5%, moving from $18.9M to $87.4M. Total assets increased by 1292.1% over the same period, from $20.0M to $278.7M. Total functional expenses rose by 355.8%, from $19.4M to $88.4M. In its most recent filing year (2023), Urban Resource Institute reported a deficit of $955K, with expenses exceeding revenue. The organization holds $255.4M in liabilities against $278.7M in assets (debt-to-asset ratio: 91.6%), resulting in net assets of $23.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87.4M | $88.4M | $278.7M | $255.4M | — | View 990 |
| 2022 | $80.4M | $82.7M | $62.1M | $37.9M | — | View 990 |
| 2021 | $74.2M | $75.9M | $63.2M | $37.6M | — | View 990 |
| 2020 | $36.1M | $36.5M | $54.9M | $27.7M | — | — |
| 2019 | $64.4M | $65.0M | $59.1M | $31.4M | — | View 990 |
| 2018 | $70.3M | $47.0M | $58.1M | $29.9M | — | View 990 |
| 2017 | $30.0M | $29.3M | $25.4M | $20.3M | — | View 990 |
| 2016 | $23.0M | $22.2M | $19.8M | $15.5M | — | View 990 |
| 2015 | $20.1M | $19.8M | $18.5M | $15.0M | — | View 990 |
| 2014 | $18.4M | $18.0M | $19.3M | $16.1M | — | View 990 |
| 2013 | $17.2M | $18.6M | $17.4M | $14.6M | — | View 990 |
| 2012 | $17.3M | $18.0M | $18.5M | $14.1M | — | View 990 |
| 2011 | $18.9M | $19.4M | $20.0M | $15.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87.4M, expenses of $88.4M, and assets of $278.7M (revenue +8.8% year-over-year).
- 2022: Revenue of $80.4M, expenses of $82.7M, and assets of $62.1M (revenue +8.2% year-over-year).
- 2021: Revenue of $74.2M, expenses of $75.9M, and assets of $63.2M (revenue +105.7% year-over-year).
- 2020: Revenue of $36.1M, expenses of $36.5M, and assets of $54.9M (revenue -43.9% year-over-year).
- 2019: Revenue of $64.4M, expenses of $65.0M, and assets of $59.1M (revenue -8.4% year-over-year).
- 2018: Revenue of $70.3M, expenses of $47.0M, and assets of $58.1M (revenue +133.8% year-over-year).
- 2017: Revenue of $30.0M, expenses of $29.3M, and assets of $25.4M (revenue +30.9% year-over-year).
- 2016: Revenue of $23.0M, expenses of $22.2M, and assets of $19.8M (revenue +14.2% year-over-year).
- 2015: Revenue of $20.1M, expenses of $19.8M, and assets of $18.5M (revenue +9.2% year-over-year).
- 2014: Revenue of $18.4M, expenses of $18.0M, and assets of $19.3M (revenue +7.2% year-over-year).
- 2013: Revenue of $17.2M, expenses of $18.6M, and assets of $17.4M (revenue -0.8% year-over-year).
- 2012: Revenue of $17.3M, expenses of $18.0M, and assets of $18.5M (revenue -8.3% year-over-year).
- 2011: Revenue of $18.9M, expenses of $19.4M, and assets of $20.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Urban Resource Institute:
Data Sources and Methodology
This transparency report for Urban Resource Institute 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.