Black Caucus of the American Library Association

Analysis

Black Caucus of the American Library Association is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Black Caucus of the American Library Association reported income of $425k and spending of $335k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $233k to $425k (+83%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 67%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Caucus of the American Library Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Academic Informer Inc ($425k), Totally Local VC Agricultural Education Foundation ($425k) and University Christian Union Alumni Association ($425k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.