100 Black Men of Middle Tennessee Inc

Analysis

100 Black Men of Middle Tennessee Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, 100 Black Men of Middle Tennessee Inc reported income of $721k and spending of $696k, spending 97% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $585k to $721k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 100 Black Men of Middle Tennessee Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Boys & Girls Clubs of Ohio ($719k), Answer Inc ($721k) and M O T Youth Soccer Club ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $199k. At year end it held assets of $585k against liabilities of $2,400, net assets of $582k. It reported 2 employees.