Blackstone Business Association

Analysis

Blackstone Business Association is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Blackstone Business Association reported income of $62k and spending of $66k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $251k to $62k (-75%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Blackstone Business Association sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NE. Charities of a similar size with the same main cause include North Berrien Community Development ($62k), Love Makes Cent Inc ($62k) and Burbank Kiwanis Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 134% of the total. At year end it held assets of $17k against liabilities of $3,841, net assets of $14k.