Association of Black Psychologists

Analysis

Association of Black Psychologists is a registered charity in United States, based in Ft Washington, MD. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Association of Black Psychologists reported income of $900k and spending of $912k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $524k to $900k (+72%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 131%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Association of Black Psychologists sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Center for Psychotherapy ($900k), Louma G Private Foundation ($900k) and Mirror Image ($900k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 39% of the total. Other salaries and wages came to $139k. At year end it held assets of $733k against liabilities of $38k, net assets of $695k. It reported 5 employees.