Blackspace Urbanist Collective Inc

Analysis

Blackspace Urbanist Collective Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Blackspace Urbanist Collective Inc reported income of $524k and spending of $573k, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $373k to $524k (+40%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blackspace Urbanist Collective Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include American Psychosocial Oncology Society Inc ($524k), Carmel Art Association ($524k) and Mineola Portuguese Center Inc ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $284k. At year end it held assets of $636k against liabilities of $16k, net assets of $621k. It reported 3 employees.