Eries Black Wall Street

Analysis

Eries Black Wall Street is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, 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 December 2023, Eries Black Wall Street reported income of $390k and spending of $250k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $390k (+413%), an average of +413% a year. The sharpest change came in the year to December 2023, when income rose by 413%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Eries Black Wall Street sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include A Quarter Blue ($390k), Apne Aap International Inc ($390k) and Global Advertising Lawyers Alliance Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $45k (18% of expenses). Other salaries and wages came to $56k. At year end it held assets of $213k against liabilities of $6,195, net assets of $207k.