American Association of Blacks in Energy

Analysis

American Association of Blacks in Energy is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in June 2003, 23 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 December 2023, American Association of Blacks in Energy reported income of $67k and spending of $71k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $67k (+4.1%), an average of +4.1% a year. Over the whole period it spent 150% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Blacks in Energy 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 26th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include Presbyterian General Assembly Theological Seminary Pgats Inc ($67k), Neshoba Central Elementary School Parent Teacher Organization ($67k) and West Ottawa Panther Fund ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.