BLACK WEALTH INITIATIVE INCORPORATED
BUFFALO,
New York,
14211
EIN: 86-2071445
Civil Rights, Social Action, Advocacy
MISSION
To help correct racial economic inequities for African Americans in the United States. To enhance representation of Black talent in the workforce, to increase economic opportunities for Black-owned businesses, and reduce poverty in Black communities.
DEMOGRAPHIC
ADDRESS
485 MADISON ST
14211
COUNTY
erie county, NY
IN CARE OF NAME
MARCENE ROBINSON
ORGANIZATIONAL OVERVIEW & RANKINGS
BLACK WEALTH INITIATIVE INCORPORATED is a based in BUFFALO, NY, focused on Civil Rights, Social Action, Advocacy causes , specifically Civil Rights, Social Action, Advocacy N.E.C.. Established in May 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,660,091 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 65,142 out of 159,053 organizations in NY (Top 41%).
In erie county, NY, the organization ranks 4,818 out of 7,328 nonprofits by assets (Top 66%), while locally in buffalo, it stands at 1,595 among 3,063 organizations (Top 52%).
The organization reported no revenue in the most recent filing period, placing it at 826,686 nationally and 55,961 in NY.
Within its specific NTEE classification (R99 - R: Civil Rights, Social Action, Advocacy), which includes 1,882 similar organizations, BLACK WEALTH INITIATIVE INCORPORATED ranks 638 in assets (Top 34%) and 593 in revenue (Top 32%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
R: Civil Rights, Social Action, Advocacy
NTEE CODE
R99: Civil Rights, Social Action, Advocacy N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
