Black Lives Matter Paterson

Analysis

Black Lives Matter Paterson is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in July 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 Paterson reported income of $364k and spending of $305k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $364k (+320%), an average of +320% a year. The sharpest change came in the year to December 2023, when income rose by 320%. Over the whole period it spent 100% 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 Paterson 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 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Ted Brown Music Outreach ($364k), Bay Area Country Dance Society Inc ($364k) and American Saddle Horse Museum Association Inc ($364k).

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 $127k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 5 employees.