African American Breastfeeding Network Inc

Analysis

African American Breastfeeding Network Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, African American Breastfeeding Network Inc reported income of $837k and spending of $639k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $224k to $837k (+274%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, African American Breastfeeding Network Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Pottstown Area Seniors Center ($837k), Parsons Area Community Foundation ($837k) and Aloha Independent Living Hawaii ($837k).

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 $79k (12% of expenses). Other salaries and wages came to $147k. At year end it held assets of $423k against liabilities of $29k, net assets of $394k. It reported 6 employees.