The Black Excellence Awards- Louvenia Johnson Scholarship Fund

Analysis

The Black Excellence Awards- Louvenia Johnson Scholarship Fund is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1991, 35 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, The Black Excellence Awards- Louvenia Johnson Scholarship Fund reported income of $76k and spending of $116k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $76k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Black Excellence Awards- Louvenia Johnson Scholarship Fund sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Illinois Trio ($76k), Decatur Together Inc ($76k) and Friends of the Chester County Library Exton Square ($76k).

At year end it held assets of $41k against liabilities of $0, net assets of $41k.