Black Entertainment and Sports Lawyers Association Inc

Analysis

Black Entertainment and Sports Lawyers Association Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Black Entertainment and Sports Lawyers Association Inc reported income of $730k and spending of $520k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $382k to $730k (+91%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Entertainment and Sports Lawyers Association Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Rise Above Foundation ($730k), New Eclipse Community Alliance ($730k) and Food Lifeline Foundation ($730k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $518k against liabilities of $50k, net assets of $468k.