National Association of Black Women Entrepreneurs

Analysis

National Association of Black Women Entrepreneurs is a registered charity in United States, based in Bloomfield, MI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, National Association of Black Women Entrepreneurs reported income of $212k and spending of $178k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $234k to $212k (-9.6%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Association of Black Women Entrepreneurs sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Noahs Ark Daycare Inc ($212k), Cardinal Kung Foundation Inc ($212k) and Silver Spring Village Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (28% of expenses). At year end it held assets of $71k against liabilities of $0, net assets of $71k.