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Black Economic Collective

EIN 30-1334785 · Gresham, OR

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceWeak35 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 47% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE BLACK ECONOMIC COLLECTIVE IS A GRASSROOTS, COMMUNITY-BASED ORGANIZATION WITH A MISSION OF COMMUNITY DEVELOPMENT THROUGH FINANCIAL EDUCATION, RESOURCE ALLOCATION, AND A COLLABORATIVE EFFORT.

Income
$169,280
Spending
$192,955
Spent on programs
47%
Reserves
4.9 months of spending
Largest source of income
donations and private grants, 97%
Employees
4
Highest pay
$55,403, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100. Higher than 18% of charities in its peer group (community improvement, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 14% of income.

  • Income trend

    0 of 15

    Income fell 28% on the year before.

  • Spending floor

    0 of 15

    47% of spending went to programs and raising each dollar of donations cost 21 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 35 out of 100. Higher than 9% of charities in its peer group (community improvement, under $250k).

  • Independent board

    5 of 25

    0 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $91,131 spent. BECS ECONOMIC EMPOWERMENT INITIATIVE IS DEMONSTRATED THROUGH MULTIPLE PROJECTS SUCH AS OUR FINANCIAL LITERACY WORKSHOPS, ANNUAL HOMEOWNERSHIP WORKSHOP AND OUR SUPPORT BLACK BUSINESS CHALLENGE.
  2. BECS YOUTH ENRICHMENT INITIATIVE IS CARRIED OUT THROUGH OUR LITTLE AFRICA PROGRAM. LITTLE AFRICA IS A MENTORSHIP PROGRAM, GEARED TOWARDS BLACK MALE YOUTH WHERE WE EXPOSE THEM TO THE GREATER OUTDOORS, CONNECT THEM TO WORK OPPORTUNITIES AND AID THEM IN DEVELOPING LIFE SKILLS THAT ARE VITAL COMPONENTS OF ADULTHOOD, NECESSARY FOR THRIVING IN THE WORLD WE LIVE IN.
  3. BECS COMMUNITY OUTREACH INITIATIVE IS PRIMARILY EXPRESSED THROUGH A CONCERTED,INTENTIONAL EFFORT TO HIGHLIGHT AND APPRECIATE THE AMAZING WORK BEING DONE BY OTHER BLACK ORGANIZATIONS AS WELL AS THE SERVICES PROVIDED BY OUR LOCAL BLACK BUSINESSES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.