Black Men Heal

Analysis

Black Men Heal is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Black Men Heal reported income of $811k and spending of $748k, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $500k to $811k (+62%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Black Men Heal sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Cenla Pregnancy Center Inc ($811k), Network for Hope Memorial Fund ($811k) and Femap Foundation ($810k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $135k (18% of expenses). Other salaries and wages came to $273k. At year end it held assets of $622k against liabilities of $11k, net assets of $611k. It reported 6 employees.