Little Black Pearl Workshop

Analysis

Little Black Pearl Workshop is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2023, Little Black Pearl Workshop reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.1m (+44%), an average of +9.6% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Black Pearl Workshop sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Trinity Christian School Non-Profit Corporation ($3.1m), Trinity Oaks Christian Academy ($3.1m) and Freire Schools Collaborative ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $6.7m against liabilities of $3.5m, net assets of $3.2m. It reported 63 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.