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Voices for Racial Justice

RegisteredEIN 41-1750116Minneapolis, MNCommunity and economic development
Income$2.1m2023-12
Spending$1.7msame year
Spent / received74%5-year average
Size in its cause85th pctCommunity and economic development
Exempt since1994Publicly supported organisat
Employees12latest return

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

$0$950k$1.9m$2.8m$3.8m2019 Income: $734,7832019 Spending: $852,68120192020 Income: $3,799,6162020 Spending: $1,126,77720202021 Income: $1,797,6722021 Spending: $2,130,56220212022 Income: $1,646,3082022 Spending: $1,622,87920222023 Income: $2,050,4322023 Spending: $1,713,7692023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 3.2%
  • Other 2.2%

Similar-sized charities, same cause

CharityLocationIncome
North Bay Organizing ProjectSanta Rosa$2.0m
Alcohol JusticeSan Rafael$2.1m
Associated Builders & Contractors Merit Shop Training Program IncCorp Christi$2.0m
Moline FoundationMoline$2.1m