Black Men Speak

Analysis

Black Men Speak is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 2021, 5 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 (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, Black Men Speak reported income of $318k and spending of $272k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $318k (+133%), an average of +133% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Black Men Speak sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include The Guidance Center of Brooklyn Inc ($318k), Mission Haiti Medical ($318k) and Crossing Bridges Therapeutic Riding Center Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $70k (26% of expenses). Other salaries and wages came to $30k. At year end it held assets of $66k against liabilities of $3,228, net assets of $63k. It reported 2 employees.