100 Black Men of Omaha Inc

Analysis

100 Black Men of Omaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 1996, 30 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 2023, 100 Black Men of Omaha Inc reported income of $511k and spending of $480k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $511k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 100 Black Men of Omaha Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include William K Gibson Bradley University Supporting Trust ($511k), Wittenberg Academy Inc ($511k) and Creswell Christian Academy ($511k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $258k. At year end it held assets of $1.0m against liabilities of $61k, net assets of $956k. It reported 5 employees.