Black Psychiatrists of America Inc

Analysis

Black Psychiatrists of America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Psychiatrists of America Inc reported income of $319k and spending of $310k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $20k to $319k (+1515%), an average of +153% a year. The sharpest change came in the year to December 2022, when income rose by 315%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Psychiatrists of America Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Wilson Ornithological Society ($319k), South Dakota Biotechnology Council ($319k) and Latino Arts Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.