100 Black Men of Austin

Analysis

100 Black Men of Austin is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, 100 Black Men of Austin reported income of $135k and spending of $131k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $135k (+95%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 100 Black Men of Austin sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include African American Community Cultural and Educational Society Inc ($135k), Pike County Pirate Regiment ($135k) and Actors Studio of Newburyport Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $5,630 against liabilities of $0, net assets of $5,630.