100 Black Men of Long Beach Inc

Analysis

100 Black Men of Long Beach Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 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 December 2023, 100 Black Men of Long Beach Inc reported income of $60k and spending of $77k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $60k (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 100 Black Men of Long Beach Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Franklin Covey Care Fund ($60k), The Arc of Racine County Inc ($60k) and Dawn of Hope ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.