Black Sustainability Inc

Analysis

Black Sustainability Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Black Sustainability Inc reported income of $1.8m and spending of $623k, leaving 66% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $266k to $1.8m (+588%), an average of +162% a year. The sharpest change came in the year to December 2023, when income rose by 512%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Sustainability Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Prairie Hill Waldorf School Ltd ($1.8m), Western New Mexico University Foundation ($1.8m) and Charlie Cart Project ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 90% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.