ASSOCIATED BLACK CHARITIES INC (EIN 52-1427774) - Income Statement, 990 Financials

ASSOCIATED BLACK CHARITIES INC

BALTIMORE, MD, US

•

501(c)(3)

•

EIN

52-1427774

•

DAF Sponsor

Regional Funder

Women Led

BIPOC Led

ASSOCIATED BLACK CHARITIES INC

BALTIMORE, MD, US

•

501(c)(3)

•

EIN

52-1427774

•

DAF Sponsor

Regional Funder

Women Led

BIPOC Led

Overview

Programs

990s

Income Statement

Balance Sheet

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

Grantmaking

Giving Insights

Grantees

Grants Given

Overlap

Hide details

Income Statement

Fiscal Year Start:

Jan 1

Data visualization unavailable

Revenues in 2024

$1,597,648

Contributions

N/A

Fundraising Events

N/A

Government Grants

N/A

Investments

N/A

Program Services

N/A

Membership Dues

N/A

Expenses in 2024

$1,582,321

Salaries & Benefits

52%

Offices, Occupancy & IT

20%

Other

19%

Fees to Service Providers

Depreciation

<1%

Advertising & Promotion

<1%

Grants

Benefits to Members

Interest

Revenues

2023

2024

Change

Contributions

$702,258

$1,098,936

+56%

Government Grants

$628,270

$299,277

-52%

Fundraising Events

$476,172

$325,754

-32%

Program Services

$285,167

$17,557

-94%

Membership Dues

Investments

$113,316

$41,457

-63%

Other

-$185,333

Total Revenues

$2,205,183

$1,597,648

-28%

Expenses

2023

2024

Change

Grants

Benefits to Members

Salaries & Benefits

$944,644

$821,316

-13%

Fees to Service Providers

$209,808

$140,579

-33%

Advertising & Promotion

$19,416

$3,378

-83%

Offices, Occupancy & IT

$116,236

$309,893

+167%

Interest

Depreciation

$5,433

$7,505

+38%

Other

$579,248

$299,650

-48%

Total Expenses

$1,874,785

$1,582,321

-16%

Net income

2023

2024

Change

Net income

+$330,398

+$15,327

-95%

Functional Expenses

Summary

2023

2024

Change

Program

$849,552

$757,788

-11%

Admin

$960,812

$745,281

-22%

Fundraising

$64,421

$79,252

+23%

Total Expenses

$1,874,785

$1,582,321

-16%