Black Humboldt
Analysis
Black Humboldt is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in August 1992, 34 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, Black Humboldt reported income of $154k and spending of $169k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $233k to $154k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Humboldt sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Libraries First ($154k), Alpharetta Rotary Foundation Inc ($154k) and USA Track & Field Inc ($154k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $28k (17% of expenses). At year end it held assets of $265k against liabilities of $12k, net assets of $254k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.5%
- Program services 90%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Libraries First | Williams Bay | $154k |
| Alpharetta Rotary Foundation Inc | Alpharetta | $154k |
| USA Track & Field Inc | Roswell | $154k |
| Connecticut Council of Administrators of Special Educ Inc | Glastonbury | $154k |