Black Product Managers

Analysis

Black Product Managers is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Product Managers reported income of $707k and spending of $718k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $367k to $707k (+93%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Product Managers 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Blauvelt Volunteer Fire Company Inc ($707k), Mortarstone Charitable TR ($708k) and Hebrew Free Loan of San Diego ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $267k (37% of expenses). At year end it held assets of $429k against liabilities of $2,407, net assets of $426k. It reported 2 employees.