Black Lives Matter Phoenix Metro

Analysis

Black Lives Matter Phoenix Metro is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Lives Matter Phoenix Metro reported income of $631k and spending of $586k, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $295k to $631k (+114%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Lives Matter Phoenix Metro sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Art with a Heart in Healthcare Inc ($631k), Texas Federation of Womens Clubs Historical Foundation ($631k) and Chelsea Art Theater Inc ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $391k (67% of expenses). Other salaries and wages came to $13k. At year end it held assets of $565k against liabilities of $252, net assets of $565k. It reported 9 employees.