The Miami Center for Racial Justice Inc

Analysis

The Miami Center for Racial Justice Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in January 2022, 4 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, The Miami Center for Racial Justice Inc reported income of $357k and spending of $323k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $357k (+517%), an average of +517% a year. The sharpest change came in the year to December 2023, when income rose by 517%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Miami Center for Racial Justice Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Global Village Museum of Arts and Cultures ($357k), Rowayton Arts Center Inc ($357k) and Houston Aeronautical Heritage Society Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Other salaries and wages came to $117k. At year end it held assets of $68k against liabilities of $22k, net assets of $46k. It reported 3 employees.