Black Achievers Inc

Analysis

Black Achievers Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Achievers Inc reported income of $683k and spending of $460k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $369k to $683k (+85%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Achievers Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Kerrville Public School Foundation ($683k), Nobel Prize Education Fund ($683k) and Walters State Community College Foundation ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $250k (54% of expenses). At year end it held assets of $969k against liabilities of $10k, net assets of $959k. It reported 2 employees.