Black Mamas Community Collective

Analysis

Black Mamas Community Collective is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2023, 3 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 Mamas Community Collective reported income of $746k and spending of $898k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $388k to $746k (+92%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Mamas Community Collective sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Now I Lay Me Down to Sleep ($745k), Gateway Community Outreach Inc ($746k) and Christian Center of Pittsfield Inc ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $75k (8.4% of expenses). Other salaries and wages came to $613k. At year end it held assets of $327k against liabilities of -$4,423, net assets of $331k. It reported 6 employees.