The Coalition of Black Trade

Analysis

The Coalition of Black Trade is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2002, 24 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 December 2023, The Coalition of Black Trade reported income of $96k and spending of $96k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $112k to $96k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Coalition of Black Trade sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include Lakemont Elementary PTO ($96k), Jeepers Back the Blue Foundation ($96k) and Cleveland Jobs with Justice ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $77k against liabilities of $9,047, net assets of $68k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.