Charity Search / URBAN ECONOMIC DEVELOPMENT
Community Improvement (S31) IRS Verified DX Registered 990 on File

URBAN ECONOMIC DEVELOPMENT

EIN: 39-1893799 · MILWAUKEE, WI 53212-3675 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$833K
Total Revenue
$686K
Total Expenses
$359K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.4%
Fundraising Efficiency 161.5%
Operating Reserve 6.28x
Liability-to-Asset 9.4%
Revenue Diversification 99.8%
Executive Compensation $99K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.4% 83.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.0% 13.2%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.6% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
161.5% 10.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.3 mo 11.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
9.4% 3.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.8% 92.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
94.8% 7.1%
P10P90
Expense growth
Year over year expense growth
0.1% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
17.6% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $833K $686K $359K 90.4% 0
2023 $428K $686K $212K 83.8% 0
2022 $653K $529K $470K 85.8% 0
2021 $620K $537K N/A — 0
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Organization Details
EIN
39-1893799
State
WI
City
MILWAUKEE
ZIP
53212-3675
Classification
S31
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1997
Foundation Code
16
Form 990
On File
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