Black Diamond Community Center Association

Analysis

Black Diamond Community Center Association is a registered charity in United States, based in Black Diamond, WA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 Diamond Community Center Association reported income of $394k and spending of $415k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $394k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Diamond Community Center Association sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Lee County Senior Apartments Inc ($394k), Good Street Inc ($394k) and Southern Black Policy and Advocacy Network ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $54k (13% of expenses). At year end it held assets of $576k against liabilities of $26k, net assets of $550k. It reported 5 employees.