Booker T Washington Center Incorporated

Analysis

Booker T Washington Center Incorporated is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in July 2015, 11 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, Booker T Washington Center Incorporated reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $381k to $1.0m (+175%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 161%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Booker T Washington Center Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Calvary Home for Children ($1.0m), Community Christian Service Agency Inc ($1.0m) and Studio Ten Ministries Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $96k (9.3% of expenses). Other salaries and wages came to $452k. At year end it held assets of $1.3m against liabilities of $265k, net assets of $991k. It reported 14 employees.