Charity Search / URBAN MINISTRIES OF WAKE COUNTY INC
Human Services (P600) IRS Verified DX Registered 990 on File

URBAN MINISTRIES OF WAKE COUNTY INC

EIN: 58-1422700 · RALEIGH, NC 27611-6476 · United States · FY 2023 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Urban Ministries of Wake County engages our community to serve and advocate on behalf of those affected by poverty by providing food and nutrition with our food pantry, promoting health and wellness with our free clinic, and laying the foundations of home with our women's shelter.

Financial Overview — FY 2023
$11.7M
Total Revenue
$12.2M
Total Expenses
$3.4M
Net Assets
82
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.1%
Fundraising Efficiency 5948.1%
Operating Reserve 3.33x
Liability-to-Asset 43.8%
Revenue Diversification 99.9%
Executive Compensation $214K
Compared with Peers
FY 2023
Compared with 2,996 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2023.
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
92.1% 87.4%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
5.3% 11.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.6% 0.2%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
5948.1% 427.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.3 mo 6.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
43.8% 34.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 93.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
14.8% 6.5%
P10P90
Expense growth
Year over year expense growth
11.7% 8.1%
P10P90
Surplus margin
Surplus as a share of revenue
-4.5% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $11.7M $12.2M $3.4M 92.1% 82
2022 $10.2M $10.9M $3.9M 91.5% 70
2021 $11.7M $11.3M N/A 70
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Organization Details
EIN
58-1422700
State
NC
City
RALEIGH
ZIP
27611-6476
Classification
P600
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1981
Foundation Code
15
Form 990
On File
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