Center for Black Power

Analysis

Center for Black Power is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Center for Black Power reported income of $565k and spending of $24k, leaving 96% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $3.4m to $565k (-83%), an average of -83% a year. The sharpest change came in the year to June 2023, when income dropped by 83%. Over the whole period it spent 79% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Center for Black Power sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Bar Foundation of Harford County ($564k), Organization for Human Rights and Democracy ($566k) and Unite the People Inc ($564k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.