Because Black Is Still Beautiful

Analysis

Because Black Is Still Beautiful is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in April 2012, 14 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, Because Black Is Still Beautiful reported income of $216k and spending of $182k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $216k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Because Black Is Still Beautiful sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Foot Forward Inc ($216k), Kids Club Child Care Center Inc ($216k) and Professional Student Government ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $125k (69% of expenses). At year end it held assets of $34k against liabilities of $0, net assets of $34k. It reported 1 employees.