Black Parent Initiative

Analysis

Black Parent Initiative is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2009, 17 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 June 2023, Black Parent Initiative reported income of $3.2m and spending of $3.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $462k to $3.2m (+582%), an average of +62% a year. The sharpest change came in the year to June 2020, when income rose by 129%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Parent Initiative sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include The Family Pantry-Damiens Place Corp ($3.2m), Child Development Centers of the Bluegrass Inc ($3.2m) and Rural Outreach Center Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $321k (10% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $244k, net assets of $1.8m. It reported 24 employees.