Tallahassee Area Chapter of 100 Black Men of America Inc

Analysis

Tallahassee Area Chapter of 100 Black Men of America Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Tallahassee Area Chapter of 100 Black Men of America Inc reported income of $109k and spending of $98k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $109k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tallahassee Area Chapter of 100 Black Men of America Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Junior League of Lincoln Inc ($109k), Danville Foundation for Industrial Growth ($109k) and Kitchen Food Ventures ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.