Black and Pink Inc

Analysis

Black and Pink Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, Black and Pink Inc reported income of $1.8m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-6.8%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black and Pink Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Partners for Affordable Housing ($1.8m), Vermont Association of Conservation Districts ($1.8m) and Miracle Land Korean Baptist Church ($1.8m).

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 $727k. At year end it held assets of $2.0m against liabilities of $25k, net assets of $1.9m. It reported 13 employees.