Questions had been asked after £1.4m in donations raised
Black Lives Matter UK (BLM UK) has registered as a community benefit society saying it was not able to register as a charity because of the political nature of its work.
It comes after it raised more than £1.2m after country-wide protests on the back of US-inspired action.
The organisation’s aim is to tackle racism and white supremacy in the UK.
BLM UK also said it will “very soon” be launching its website, which was originally meant to go live by 5 August.
Questions around the organisation’s transparency were repeatedly raised on Twitter. BLM UK said in June: “Among calls for transparency and demands to reveal the leadership behind BLM UK, we are currently dealing with emergency legal matters following last week’s protests in addition to the hostility of far-right groups.
“This is a genuine threat to our safety and, while organisation and process plans for the fund are soon to be shared, we thank you for your patience, but cannot compromise our safety at this time.
“Some of us are already public-facing figures and have spoken out as members of BLM UK.”
It added that its members have been “targeted” online and by media.
The organisation added in a statement: "When we created the GoFundMe page we never imagined the levels of support it would get. Thank you for your patience and support as we have laid the foundations for our next chapter.”