Black Child Development Institute Ohio

Analysis

Black Child Development Institute Ohio is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Child Development Institute Ohio reported income of $169k and spending of $156k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $169k (+8.5%), an average of +8.5% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Child Development Institute Ohio 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 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Starting with a Penney ($169k), Naval Academy Minority Association ($169k) and Childrens Music Fund ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $66k (42% of expenses). Other salaries and wages came to $45k. At year end it held assets of $192k against liabilities of $39k, net assets of $153k. It reported 4 employees.