Black Reconstruction Collective Inc

Analysis

Black Reconstruction Collective Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Black Reconstruction Collective Inc reported income of $302k and spending of $93k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $374k to $302k (-19%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 17% 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 Reconstruction Collective Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Journal of the History of Ideas Inc ($302k), Kathlyn Joy Gilliam Museum ($302k) and Friends of the Oklahoma Route 66 Museum Inc ($302k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (58% of expenses). At year end it held assets of $576k against liabilities of $13k, net assets of $563k. It reported 1 employees.