Black and Brown Founders Inc

Analysis

Black and Brown Founders Inc is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black and Brown Founders Inc reported income of $510k and spending of $745k, spending 146% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $662k to $510k (-23%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black and Brown Founders Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Orange Couch Foundation ($510k), Stone Trust Inc ($510k) and New Jersey Turfgrass Foundation Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (15% of expenses). Other salaries and wages came to $80k. At year end it held assets of $450k against liabilities of $2,496, net assets of $448k. It reported 2 employees.