100 Black Men of the Philadelphia Region Inc

Analysis

100 Black Men of the Philadelphia Region Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 100 Black Men of the Philadelphia Region Inc reported income of $367k and spending of $384k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $110k to $367k (+234%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 100 Black Men of the Philadelphia Region Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Wilson County Livestock Association Incorporated ($367k), Girls on the Run of Greater Kalamazoo ($367k) and Blessed Brian Foundation Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $600 (0.2% of expenses). Other salaries and wages came to $49k. At year end it held assets of $58k against liabilities of $0, net assets of $58k. It reported 13 employees.