California Black Health Network

Analysis

California Black Health Network is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1983, 43 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 December 2023, California Black Health Network reported income of $914k and spending of $1.4m, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $536k to $914k (+70%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 216%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Black Health Network sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Arizona Agricultural Education/Ffa Foundation ($914k), Missouri Farmers Care Foundation ($914k) and Habitat for Humanity International Inc ($914k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $180k (13% of expenses). Other salaries and wages came to $467k. At year end it held assets of $706k against liabilities of $139k, net assets of $567k. It reported 13 employees.