National Black Mba Association

Analysis

National Black Mba Association is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, National Black Mba Association reported income of $129k and spending of $180k, spending 139% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $547k to $129k (-76%), an average of -51% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Black Mba Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include HCC STL Foundation ($129k), New York Grit Inc ($129k) and McNeil High School Track & XC Booster Club ($129k).

On its Form 990-EZ for the period ending December 2021, revenue came from program service revenue 36% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.