100 Black Men of Indianapolis Inc

Analysis

100 Black Men of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1992, 34 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 August 2023, 100 Black Men of Indianapolis Inc reported income of $1.2m and spending of $864k, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $922k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2020, when income rose by 150%. Over the whole period it spent 59% 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 Indianapolis Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Freedom House ($1.2m), Swop Behind Bars Inc ($1.2m) and Golestan Foundation ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $41k (4.7% of expenses). At year end it held assets of $3.4m against liabilities of $89k, net assets of $3.3m. It reported 11 employees.