Black Lives Matter 5280

Analysis

Black Lives Matter 5280 is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Black Lives Matter 5280 reported income of $174k and spending of $406k, spending 233% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $394k to $174k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 182% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Lives Matter 5280 sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Nearly New Shop Inc ($174k), Village of Hope ($174k) and Black Achievers Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $772k against liabilities of $0, net assets of $772k.