Black Child Development Institute - Atlanta Inc

Analysis

Black Child Development Institute - Atlanta Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in November 2020, 6 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 (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 Child Development Institute - Atlanta Inc reported income of $398k and spending of $579k, spending 146% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $553k to $398k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Black Child Development Institute - Atlanta Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Youth Business Initiative ($398k), Big Brothers Big Sisters of Southeast Indiana Inc ($398k) and Well Community Youth Center of Waco Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $126k (22% of expenses). Other salaries and wages came to $60k. At year end it held assets of $398k against liabilities of $111k, net assets of $287k. It reported 6 employees.