Black Hollywood Education and Resource Center

Analysis

Black Hollywood Education and Resource Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1998, 28 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, Black Hollywood Education and Resource Center reported income of $330k and spending of $325k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $382k to $330k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Hollywood Education and Resource Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Holistic Integrated Services Foundation ($330k), Every Child Can Read Inc ($330k) and Swarthmore Public Library Assoc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.