National Black Child Development Institute Inc

Analysis

National Black Child Development Institute Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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, National Black Child Development Institute Inc reported income of $86k and spending of $119k, spending 138% of what it took in. Across the 5 years on record, from October 2019 to December 2023, income fell from $164k to $86k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Black Child Development Institute Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Armor of Hope Ministries Inc ($86k), My Brothers Table Inc ($86k) and Wyoming Senior Fellowship Club Inc ($86k).

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 $32k (26% of expenses). Other salaries and wages came to $23k. At year end it held assets of $2,723 against liabilities of $0, net assets of $2,723. It reported 1 employees.