100 Black Men of South Metro Inc

Analysis

100 Black Men of South Metro Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1992, 34 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 2022, 100 Black Men of South Metro Inc reported income of $242k and spending of $163k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $257k to $242k (-6.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 88% 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 South Metro Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Ed Bousman Evangelistic Association ($242k), Sun City Foundation ($242k) and Delaware Horsemens Assistance Fund Inc ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $40k. It paid $13k in professional fundraising fees. At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 3 employees.