Black Voice Foundation

Analysis

Black Voice Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Voice Foundation reported income of $231k and spending of $237k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $644k to $231k (-64%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Voice Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Community Change Inc ($231k), Top Hat 8 Repertory ($231k) and South Warren Snowmobile Club Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $482 against liabilities of $482, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.