Public Charity

BLACK GRAVITY INC

Based in WASHINGTON, DC, BLACK GRAVITY INC operates as a Public Charity. The organization reported $1.9M in revenue, $1.7M in expenses, $954K in total assets for fiscal year 2024. Imperigo tracks 4 reported grants from this foundation totaling approximately $350K.

EIN: 871578309 WASHINGTON, DC Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.7M
Total Assets$954K
Grants Given4
Grant Total$350K
Filing Years2022–2024

Mission

BLACK GRAVITY IS A NONPROFIT CORPORATIONORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, AND IS SPECIFICALLYDEDICATED TO ELIMATING BLACK POVERTY AND THE INEQUALITIES CONFORTING BLACKPEOPLE WITHIN OUR SOCIAL AND ECONOMIC SYSTEMS, ELEVATING THE STANDARD OF LIVING

Sample Grants Given

MILESTONE GROWTH CAPITAL INSTITUTE
DETROIT, MI · 2024
TRAININGS & COMMUNITY CULTIVATION
$150,000
COLLIDE CAPITAL LLC
NEW YORK, NY · 2024
TO COVER EXPENDITURES
$100,000
CAKE VENTURES MANAGEMENT LLC
SAN FRANCISCO, CA · 2024
TO COVER EXPENDITURES
$75,000
BLACK ECONOMIC ALLIANCE
WASHINGTON, DC · 2024
JOB CREATION WAGES AND COMMUNITY NEEDS
$25,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Chipo Sachirarwe
BOARD MEMBER Janay Nazaire
BOARD MEMBER Jim Casselberry
BOARD MEMBER Ushir Shah

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO COVER EXPENDITURES
$175,000 2 grants
TRAININGS & COMMUNITY CULTIVATION
$150,000 1 grant
JOB CREATION WAGES AND COMMUNITY NEEDS
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.7M $954K
2023 $501K $1.2M $642K
2022 $1.5M $371K $1.2M

Between 2022 and 2024, reported annual revenue grew from $1.5M to $1.9M (+25%), with total assets most recently reported at $954K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, MI, NY.

CADCMINY

Full geographic grant map with state-by-state breakdown available with membership.

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