Los Angeles Brotherhood Crusade - Black United Fund Inc

Analysis

Los Angeles Brotherhood Crusade - Black United Fund Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Los Angeles Brotherhood Crusade - Black United Fund Inc reported income of $11.7m and spending of $9.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $11.7m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Los Angeles Brotherhood Crusade - Black United Fund Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Berks County Community Foundation Inc ($11.6m), Greater Houston Golf Charity ($11.7m) and Foothills Community Foundation ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $17.4m against liabilities of $404k, net assets of $17.0m. It reported 431 employees.