Black Doctoral Network Inc

Analysis

Black Doctoral Network Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 2019, 7 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 June 2024, Black Doctoral Network Inc reported income of $165k and spending of $162k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $215k to $165k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Doctoral Network Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 44th percentile within DE. Charities of a similar size with the same main cause include Valley Forge Elementary School Parent-Teacher Organization ($165k), Dunwoody Elementry School PTO Inc ($165k) and Dr Karen M Trujillo Memorial Foundation ($165k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $7,028 against liabilities of $49k, net assets of -$42k.