Assoc of Black Gastroenterologists and Hepatologists Inc

Analysis

Assoc of Black Gastroenterologists and Hepatologists Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Assoc of Black Gastroenterologists and Hepatologists Inc reported income of $1.1m and spending of $479k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $546k to $1.1m (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Assoc of Black Gastroenterologists and Hepatologists Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include California Asian Pacific Chamber of Commerce Foundation ($1.1m), Unity Christian Academy ($1.1m) and Network of Enlightened Women Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $31k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.