Center for African American Health

Analysis

Center for African American Health is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Center for African American Health reported income of $3.0m and spending of $2.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for African American Health sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Better Community Development Inc ($3.0m), Chips Network Inc ($3.0m) and Milwaukee Electrical Joint Apprenticeship and Training Plan ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $653k. At year end it held assets of $7.3m against liabilities of $3.0m, net assets of $4.3m. It reported 16 employees.