Urbanpromise Ministries Wilmington
Urbanpromise Ministries Wilmington shows consistent growth and strong asset accumulation, with 0% officer compensation reported.
EIN: 208156160 · Wilmington, DE · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.9M |
| Program Spending | 80% |
| Net Assets | $3.4M |
| Transparency Score | 90/100 |
Is Urbanpromise Ministries Wilmington Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urbanpromise Ministries Wilmington directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urbanpromise Ministries Wilmington
Urbanpromise Ministries Wilmington (EIN: 208156160) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B200. The organization reported total revenue of $3.4M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urbanpromise Ministries Wilmington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urbanpromise Ministries Wilmington is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-169,153 |
| Total Assets | $3.7M |
| Total Liabilities | $323K |
| Net Assets | $3.4M |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 15.3 months |
Financial Health Grade: B
In 2023, Urbanpromise Ministries Wilmington reported a deficit of $169K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Urbanpromise Ministries Wilmington's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +14.8% | +2.6% |
| 2022 | +2.8% | +41.1% | +6.4% |
| 2021 | +7.2% | -3.9% | +18.6% |
| 2020 | +23.4% | -1.4% | +42.9% |
| 2019 | +6.5% | +12.3% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Urbanpromise Ministries Wilmington 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Urbanpromise Ministries Wilmington allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $169K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Urbanpromise Ministries Wilmington consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally funded leadership structure.
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 Urbanpromise Ministries Wilmington's IRS 990 filings:
- Expenses slightly exceeded revenue in the latest 2023 filing ($2,920,053 vs. $2,750,900), which warrants monitoring for future sustainability.
Strengths
The following positive indicators were identified for Urbanpromise Ministries Wilmington:
- Consistent and significant revenue growth over the past decade, from $1,572,939 in 2014 to $2,750,900 in 2023.
- Strong asset accumulation, growing from $1,249,946 in 2014 to $3,730,471 in 2023.
- Reported 0% officer compensation across all filings, indicating a high dedication of resources to the mission.
- Generally low liabilities relative to assets, suggesting responsible financial management.
- Positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Urbanpromise Ministries Wilmington
Is Urbanpromise Ministries Wilmington a legitimate charity?
Based on AI analysis of IRS 990 filings, Urbanpromise Ministries Wilmington (EIN: 208156160) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Urbanpromise Ministries Wilmington spend its money?
Urbanpromise Ministries Wilmington directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Urbanpromise Ministries Wilmington tax-deductible?
Urbanpromise Ministries Wilmington is registered as a tax-exempt nonprofit (EIN: 208156160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Urbanpromise Ministries Wilmington's spending goes to programs?
Urbanpromise Ministries Wilmington directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Urbanpromise Ministries Wilmington compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Urbanpromise Ministries Wilmington is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Urbanpromise Ministries Wilmington located?
Urbanpromise Ministries Wilmington is headquartered in Wilmington, Delaware and files with the IRS under EIN 208156160. It is classified under NTEE code B200.
How many years of IRS 990 filings does Urbanpromise Ministries Wilmington have?
Urbanpromise Ministries Wilmington 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 $3.4M in total revenue.
Is Urbanpromise Ministries Wilmington a good charity?
Based on its financial history, consistent revenue growth, strong asset accumulation, and reported 0% officer compensation, Urbanpromise Ministries Wilmington appears to be a well-managed and efficient charity. The organization's financial health and commitment to directing funds away from executive salaries are positive indicators.
How has Urbanpromise Ministries Wilmington's revenue changed over time?
Urbanpromise Ministries Wilmington has experienced significant and consistent revenue growth, increasing from $1,572,939 in 2014 to $2,750,900 in 2023, demonstrating a strong ability to attract and sustain funding.
What is the trend in Urbanpromise Ministries Wilmington's assets?
The organization's assets have shown a robust upward trend, growing from $1,249,946 in 2014 to $3,730,471 in 2023, indicating effective financial management and capacity building.
Does Urbanpromise Ministries Wilmington pay its officers?
No, Urbanpromise Ministries Wilmington consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership is either volunteer-based or compensated through other means not reported as officer compensation.
What was Urbanpromise Ministries Wilmington's financial performance in the latest filing (2023)?
In the 2023 filing, Urbanpromise Ministries Wilmington reported revenue of $2,750,900 and expenses of $2,920,053, resulting in a slight deficit for that period. Assets stood at $3,730,471 and liabilities at $322,868.
Filing History
IRS 990 filing history for Urbanpromise Ministries Wilmington showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Urbanpromise Ministries Wilmington's revenue has grown by 179%, moving from $986K to $2.8M. Total assets increased by 430.6% over the same period, from $703K to $3.7M. Total functional expenses rose by 169.7%, from $1.1M to $2.9M. In its most recent filing year (2023), Urbanpromise Ministries Wilmington reported a deficit of $169K, with expenses exceeding revenue. The organization holds $323K in liabilities against $3.7M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.9M | $3.7M | $323K | — | View 990 |
| 2022 | $2.7M | $2.5M | $3.6M | $59K | — | View 990 |
| 2021 | $2.6M | $1.8M | $3.4M | $3K | — | View 990 |
| 2020 | $2.5M | $1.9M | $2.9M | $294K | — | View 990 |
| 2019 | $2.0M | $1.9M | $2.0M | $7K | — | View 990 |
| 2018 | $1.9M | $1.7M | $1.9M | $5K | — | View 990 |
| 2017 | $1.8M | $1.5M | $1.8M | $29K | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.6M | $97K | — | View 990 |
| 2015 | $1.5M | $1.3M | $1.4M | $154K | — | View 990 |
| 2014 | $1.6M | $1.1M | $1.2M | $163K | — | View 990 |
| 2013 | $1.0M | $959K | $757K | $173K | — | View 990 |
| 2012 | $986K | $1.1M | $703K | $181K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.9M, and assets of $3.7M (revenue +1.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.5M, and assets of $3.6M (revenue +2.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.8M, and assets of $3.4M (revenue +7.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.9M, and assets of $2.9M (revenue +23.4% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $2.0M (revenue +6.5% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.7M, and assets of $1.9M (revenue +4.4% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.5M, and assets of $1.8M (revenue +15.1% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue +4.8% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $1.4M (revenue -5.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.1M, and assets of $1.2M (revenue +54.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $959K, and assets of $757K (revenue +3.5% year-over-year).
- 2012: Revenue of $986K, expenses of $1.1M, and assets of $703K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Urbanpromise Ministries Wilmington:
Data Sources and Methodology
This transparency report for Urbanpromise Ministries Wilmington 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.