Springfield Black Tie Inc

Analysis

Springfield Black Tie Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Springfield Black Tie Inc reported income of $228k and spending of $196k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $145k to $228k (+57%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springfield Black Tie Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within MO. Charities of a similar size with the same main cause include Society of St Vincent de Paul Our Lady of Good Counsel Conference ($228k), USA Regenerative Agricultural Alliance Inc ($228k) and Darul Infaq Foundation USA ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 138% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.