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Washington, D.C. · Public charity

Black Economic Alliance

The organization's mission is to improve economic outcomes for black people at scale, focusing on three core areas: work, wages and wealth.

$110k
Granted FY2024(still arriving)
2
Grants FY2024
2
Organizations funded FY2021
100%
First-time grantees FY2021
Read the full brief
Median grant, FY2024
$100,000
Largest grant, FY2024
$100,000
Organizations funded a year
1 to 4
FY2019 to FY2021
States reached, FY2024
1
Total assets, FY2024
$1.4M

How open it is to new grantees

In FY2021, 100% of the organizations Black Economic Alliance funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2021, 0% of grant dollars renewed an existing relationship; $50k went to new ones.

50%100%’20’21
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21
Civil RightsEducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving2$110k100%
FY20212$50k100%
FY20204$70k100%
FY20191$100kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Civil Rights$145kPublic Benefit$145kCommunity Improvement$25kCrime & Legal$15k

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
NAACP Legal Defense & Educ Fund Inc$100,00010%
Leadership Now Project$100,00012%
Congressional Black Caucus Foundation Inc$25,00010%
Black Economic Alliance PAC$25,0001n/a
Fair Fight Action Inc$25,00010%
National Association for the Advancement of Colored People-Group$20,0001n/a
Mothering Justice Action Fund$15,00012%
Florida Democratic Party$10,0001n/a
Congressional Black Caucus Political Edu Cation and Leadership Institute$10,00010%

Compare Black Economic Alliance with peer funders

About Black Economic Alliance

How much does Black Economic Alliance give?
Black Economic Alliance reported 2 grants totaling $110,000 in its FY2024 IRS filing. It funded between 1 and 4 organizations a year over FY2019 to FY2021.
What does Black Economic Alliance fund?
By grant dollars over FY2019 to FY2024, its largest causes are Civil Rights (44%), Public Benefit (44%), Community Improvement (8%).
Who are Black Economic Alliance's largest grantees?
By total granted over FY2019 to FY2024: NAACP Legal Defense & Educ Fund Inc ($100k), Leadership Now Project ($100k), Congressional Black Caucus Foundation Inc ($25k).
Does Black Economic Alliance fund new organizations?
In FY2021, 100% of the organizations it funded were first-time grantees.
Where is Black Economic Alliance based?
Black Economic Alliance is based in DC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 9 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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