Ella Baker Institute Inc

Analysis

Ella Baker Institute Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2022, 4 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, Ella Baker Institute Inc reported income of $595k and spending of $547k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $416k to $595k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ella Baker Institute Inc 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 69th percentile within NY. Charities of a similar size with the same main cause include Cardinals Child Development Center ($595k), Anoka Community Mission Inc ($595k) and Renew Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $235k (43% of expenses). At year end it held assets of $410k against liabilities of $8,607, net assets of $401k. It reported 4 employees.