Black Leaders and Allies Collaborative

Analysis

Black Leaders and Allies Collaborative is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Leaders and Allies Collaborative reported income of $85k and spending of $59k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $85k (+187%), an average of +187% a year. The sharpest change came in the year to December 2023, when income rose by 187%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Leaders and Allies Collaborative sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Feed the Hungry Inc ($85k), Kavod ($85k) and Village Home Services ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $38k against liabilities of $3,749, net assets of $35k.