100 Black Men of Los Angeles Inc

Analysis

100 Black Men of Los Angeles Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1983, 43 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, 100 Black Men of Los Angeles Inc reported income of $318k and spending of $280k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $41k to $318k (+676%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 100 Black Men of Los Angeles Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Inspired Foundation Inc ($318k), Kore Venture Inc ($318k) and Pine Bluffs Senior Center Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $44k. At year end it held assets of $197k against liabilities of $0, net assets of $197k. It reported 2 employees.