Black Parents United Foundation

Analysis

Black Parents United Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in July 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 (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 Parents United Foundation reported income of $606k and spending of $511k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $606k (+230%), an average of +230% a year. The sharpest change came in the year to December 2023, when income rose by 230%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Parents United Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Assistance League of Laguna Beach Calif ($606k), Goforth Recovery ($606k) and Access Center for Independent Living ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). At year end it held assets of $123k against liabilities of $9,903, net assets of $113k.