100 Black Men of Jackson Inc

Analysis

100 Black Men of Jackson Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 Jackson Inc reported income of $284k and spending of $261k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $963k to $284k (-71%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 87% 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 Jackson Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include Grannys Babies Childcare Center ($284k), Little League Baseball Inc ($284k) and Redwood City Sequoia Awards Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $64k (25% of expenses). Other salaries and wages came to $6,012. At year end it held assets of $515k against liabilities of $37k, net assets of $478k.