Black Chief Officers Committee

Analysis

Black Chief Officers Committee is a registered charity in United States, based in Fulton, MD. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 February 2024, Black Chief Officers Committee reported income of $165k and spending of $157k, spending 95% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $169k to $165k (-2.9%), an average of -2.9% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Black Chief Officers Committee sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include 567 Center for Renewal ($165k), Leadership Carlisle ($165k) and Junior League of Louisville Inc ($165k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.