100 Black Men of Atlanta Inc

Analysis

100 Black Men of Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 2021, 100 Black Men of Atlanta Inc reported income of $1.9m and spending of $2.1m, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $2.2m to $1.9m (-15%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 100 Black Men of Atlanta Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Reach the Valley ($1.9m), The Lutheran Care Network Inc ($1.9m) and Arc of Oakland County Inc ($1.9m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $132k. At year end it held assets of $1.6m against liabilities of $284k, net assets of $1.3m. It reported 6 employees.