Black Dollar Days Task Force

Analysis

Black Dollar Days Task Force is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Dollar Days Task Force reported income of $426k and spending of $423k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $426k (+219%), an average of +79% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Black Dollar Days Task Force sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Leipsic Community Center ($426k), Henry Development Foundation Inc ($426k) and Forward Progression Development Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $41k (9.7% of expenses). Other salaries and wages came to $212k. At year end it held assets of $96k against liabilities of $34k, net assets of $62k. It reported 9 employees.