Voices for Racial Justice
Analysis
Voices for Racial Justice is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Voices for Racial Justice reported income of $2.1m and spending of $1.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $735k to $2.1m (+179%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 417%. Over the whole period it spent 74% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Voices for Racial Justice sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include North Bay Organizing Project ($2.0m), Alcohol Justice ($2.1m) and Associated Builders & Contractors Merit Shop Training Program Inc ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $161k (9.4% of expenses). Other salaries and wages came to $722k. At year end it held assets of $3.4m against liabilities of $107k, net assets of $3.3m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 3.2%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Bay Organizing Project | Santa Rosa | $2.0m |
| Alcohol Justice | San Rafael | $2.1m |
| Associated Builders & Contractors Merit Shop Training Program Inc | Corp Christi | $2.0m |
| Moline Foundation | Moline | $2.1m |