BLCK VC

Analysis

BLCK VC is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, BLCK VC reported income of $1.1m and spending of $1.3m, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.9m to $1.1m (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 105% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, BLCK VC sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include New Pa Project Education Fund ($1.1m), Recreation Council of Greater St Louis ($1.1m) and Starfish Stories Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $299k (22% of expenses). Other salaries and wages came to $223k. At year end it held assets of $946k against liabilities of $206k, net assets of $740k. It reported 8 employees.