Black Neighborhood

Analysis

Black Neighborhood is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Black Neighborhood reported income of $69k and spending of $66k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $31k to $69k (+124%), an average of +124% a year. The sharpest change came in the year to June 2023, when income rose by 124%. Over the whole period it spent 117% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Black Neighborhood sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Warrenville Athletic Association ($69k), St Pauls Playground Inc ($69k) and Rio Salado Target Terminators Inc ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,353 against liabilities of $0, net assets of $6,353.