100 Black Men of Coastal Carolina

Analysis

100 Black Men of Coastal Carolina is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, 100 Black Men of Coastal Carolina reported income of $51k and spending of $62k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $51k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 100 Black Men of Coastal Carolina sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Space City Charities ($51k), Lambda Kappa Sigma Educational TR ($51k) and Hfc-Jlc Memorial Scholarship Fund Incorporated ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.