Black Visions

Analysis

Black Visions is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2023, 3 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, Black Visions reported income of $994k and spending of $950k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $602k to $994k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 64% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Black Visions sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Charlotte Pride Inc ($993k), Family Enrichment Center Inc ($995k) and Muslim Advocates ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $157k (17% of expenses). At year end it held assets of $599k against liabilities of $24k, net assets of $576k.