100 Black Men of the Bay Area Inc

Analysis

100 Black Men of the Bay Area Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, 100 Black Men of the Bay Area Inc reported income of $960k and spending of $940k, spending 98% of its income. Across the 4 years on record, from October 2019 to October 2023, income grew from $349k to $960k (+175%), an average of +40% a year. The sharpest change came in the year to October 2020, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 100 Black Men of the Bay Area Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Welfare Pride Inc ($960k), Mary Lake Montessori Inc ($960k) and Performing Arts Centers of Key West Inc ($960k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $477k against liabilities of $77k, net assets of $399k.