Black Girl Magic Educational Services Inc

Analysis

Black Girl Magic Educational Services Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Black Girl Magic Educational Services Inc reported income of $155k and spending of $196k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $155k (+0.7%), an average of +0.7% a year. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Black Girl Magic Educational Services Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Essex County Cops for Kids ($155k), Grow Your World ($155k) and Kirtland Youth Association Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4,010 against liabilities of $1,539, net assets of $2,471.