Black Male Initiative Geaorgia Inc

Analysis

Black Male Initiative Geaorgia Inc is a registered charity in United States, based in Fairburn, GA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Male Initiative Geaorgia Inc reported income of $627k and spending of $567k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $1,450 to $627k (+43161%), an average of +1980% a year. The sharpest change came in the year to December 2022, when income rose by 34617%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Black Male Initiative Geaorgia Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Community Law Program Inc ($627k), Venice Pride ($627k) and Parkgate Health Services Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $240k (42% of expenses). It paid $65k in professional fundraising fees. At year end it held assets of $382k against liabilities of $0, net assets of $382k.