Black Liberation Fund

Analysis

Black Liberation Fund is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 May 2024, Black Liberation Fund reported income of $204k and spending of $287k, spending 141% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income fell from $1.2m to $204k (-82%), an average of -44% a year. The sharpest change came in the year to May 2022, when income dropped by 56%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Black Liberation Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Ms Molly Foundation ($204k), Special Operations Training Association of the Upper Midwest ($204k) and St Louis Bar Foundation ($204k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $120k (42% of expenses). Other salaries and wages came to $22k. At year end it held assets of $103k against liabilities of $0, net assets of $103k. It reported 3 employees.