Black Arts Movement and Business District Community Development Cor

Analysis

Black Arts Movement and Business District Community Development Cor is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Black Arts Movement and Business District Community Development Cor reported income of $193k and spending of $983k, spending 509% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.5m to $193k (-96%), an average of -96% a year. The sharpest change came in the year to December 2023, when income dropped by 96%. Over the whole period it spent 27% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Black Arts Movement and Business District Community Development Cor sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Robertson County Child Advocacy Center Inc ($193k), Press on South Inc ($193k) and Awo ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $121k (12% of expenses). Other salaries and wages came to $107k. At year end it held assets of $3.7m against liabilities of $12k, net assets of $3.7m.