One Hundred Black Men

Analysis

One Hundred Black Men is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1974, 52 years ago. 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, One Hundred Black Men reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $988k to $2.0m (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 246%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One Hundred Black Men sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include The Lighthouse Black Girl Project ($2.0m), Campus and Community Childrens Center Inc ($2.0m) and Mt Lebanon Extended Day Program Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $232k. It paid $41k in professional fundraising fees. At year end it held assets of $920k against liabilities of $136k, net assets of $784k. It reported 6 employees.