Memphis Chapter of the National Coalition of 100 Black Women

Analysis

Memphis Chapter of the National Coalition of 100 Black Women is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Memphis Chapter of the National Coalition of 100 Black Women reported income of $72k and spending of $45k, leaving 38% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $99k to $72k (-27%), an average of -27% a year. The sharpest change came in the year to September 2023, when income dropped by 27%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Memphis Chapter of the National Coalition of 100 Black Women sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Alpharetta Raiders Theatre & Speech Association Inc ($72k), Bradford Ohio Railroad Museum Inc ($72k) and France Education Northwest ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.