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Diversity Richmond

EIN 31-1669279 · Richmond, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair69 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DIVERSITY RICHMOND IS THE HUB OF THE LGBTQ+ COMMUNITY OF GREATER RICHMOND CONNECTING PEOPLE, PARTNERS AND PROGRAMS IN OUR WORK AS A CATALYST, A VOICE, A PLACE AND A RESOURCE. WE ENVISION A WELCOMING, INCLUSIVE AND SAFE REGION FOR LGBTQ+ PEOPLE, FAMILIES, AND ALLIES TO LIVE, WORK, PLAY, AND VISIT. OUR WORK IS GUIDED BY THE VALUES OF ACCOUNTABILITY, BELONGING, COMMUNITY, FUTURE GENERATIONS AND MAKING A DIFFERENCE. IN 2025 OVER 35,000 PEOPLE ATTENDED EVENTS PRODUCED OR PROMOTED BY DIVERSITY RICHMOND. SPECIFICALLY, THE ORGANIZATION PROVIDES: 1. MEETING SPACE TO FOUR (4) TWELVE-STEP RECOVERY PROGRAMS (E.G., ALCOHOLICS ANONYMOUS) AND THREE (3) SUPPORT GROUPS IN ADDITION TO OTHER LOCAL NON- PROFIT ORGANIZATIONS. DIVERSITY RICHMOND OCCUPIES A 47,000 SQUARE FOOT FACILITY IN RICHMOND, VIRGINIA THAT PROVIDES FLEXIBLE MEETING AND PROGRAMMING SPACE FOR LGBTQ+ PEOPLE, FOR THE GROUPS THAT PROVIDE SERVICES TO THEM, AND FOR PEOPLE AND GROUPS IN CENTRAL VIRGINIA THAT SUPPORT THE ORGANIZATION'S MISSION.

Income
$2.1 million
Spending
$2.2 million
Spent on programs
88%
Reserves
3.2 months of spending
Largest source of income
fees for its services, 70%
Employees
44
Volunteers
30
Highest pay
$113,400, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 69 out of 100. Higher than 52% of charities in its peer group (education, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.2 months of spending.

  • Debt

    16 of 20

    It owes 15% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    10 of 15

    Income fell 0% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.3 million spent. DIVERSITY RICHMOND OPERATES A RETAIL STORE THAT RECEIVES PUBLICLY DONATED ITEMS OF CLOTHING, HOUSEHOLD ITEMS, BOOKS AND FURNITURE. THESE ITEMS ARE THEN PREPARED FOR SALE TO THE PUBLIC THROUGH THE ORGANIZATION'S RETAIL STORE BRANDED AS DIVERSITY THRIFT. A SIGNIFICANT NUMBER OF VOLUNTEER SERVICES ARE PROVIDED IN THE THRIFT SHOP IN SORTING, ORGANIZING AND PREPARING DONATED ITEMS FOR SALE. REVENUES PRODUCED BY DIVERSITY THRIFT ARE USED TO FUND (A) THE OPERATIONS OF DIVERSITY RICHMOND, (B) THE DESIGN AND PROVISION OF EDUCATIONAL, CIVIC AND CULTURAL PROGRAMMING, AND (C) THE PROVISION OF DIRECT CASH SUPPORT FOR AGENCIES AND GROUPS THAT PROVIDE SERVICES TO LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUESTIONING (LGBTQ+) PEOPLE IN CENTRAL VIRGINIA. DIVERSITY RICHMOND, THROUGH ITS PROGRAM, DIVERSITY THRIFT, PARTNERS WITH APPROXIMATELY 27 SOCIAL SERVICE AND RECOVERY PROGRAMS BY DONATING CLOTHING TO THEIR CLIENTS IN-NEED. FOR MANY OF THESE AGENCIES, DIVERSITY THRIFT IS THE ONLY SOURCE OF CLOTHING AVAILABLE TO THEIR CLIENTS. EACH PARTICIPANT IS GIFTED A 25 CLOTHING VOUCHER WHICH WILL PURCHASE SEVERALARTICLES OF CLOTHING. DIVERSITY THRIFT ALSO CONTRIBUTES APPROXIMATELY 200 ITEMS OF CLOTHING MONTHLY TO THOSE IN ECONOMIC NEED. UTILIZING NET REVENUES FROM ITS DIVERSITY THRIFT AND FROM RENTAL INCOME, DIVERSITY RICHMOND PROVIDED DIRECT CASH SUPPORT TO NON-PROFITS, AGENCIES AND GROUPS SERVING THE LGBTQ+ COMMUNITY IN CENTRAL VIRGINIA. IN 2024 DIVERSITY RICHMOND DISTRIBUTED 26,050 TO NON PROFIT ORGANIZATIONS AND 81,603 TO INDIVIDUALS IN ECONMOIC NEED. DIVERSITY RICHMOND OPERATES A RETAIL STORE THAT RECEIVES PUBLICLY DONATED ITEMS OF CLOTHING, HOUSEHOLD ITEMS, BOOKS AND FURNITURE. THESE ITEMS ARE THEN PREPARED FOR SALE TO THE PUBLIC THROUGH THE ORGANIZATION'S RETAIL STORE BRANDED AS DIVERSITY THRIFT. A SIGNIFICANT NUMBER OF VOLUNTEER SERVICES ARE PROVIDED IN THE THRIFT SHOP IN SORTING, ORGANIZING AND PREPARING DONATED ITEMS FOR SALE. REVENUES PRODUCED BY DIVERSITY THRIFT ARE USED TO FUND (A) THE OPERATIONS OF DIVERSITY RICHMOND, (B) THE DESIGN AND PROVISION OF EDUCATIONAL, CIVIC AND CULTURAL PROGRAMMING, AND (C) THE PROVISION OF DIRECT CASH SUPPORT FOR AGENCIES AND GROUPS THAT PROVIDE SERVICES TO LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUESTIONING (LGBTQ+) PEOPLE IN CENTRAL VIRGINIA. DIVERSITY RICHMOND, THROUGH ITS PROGRAM, DIVERSITY THRIFT, PARTNERS WITH APPROXIMATELY 27 SOCIAL SERVICE AND RECOVERY PROGRAMS BY DONATING CLOTHING TO THEIR CLIENTS IN-NEED. FOR MANY OF THESE AGENCIES, DIVERSITY THRIFT IS THE ONLY SOURCE OF CLOTHING AVAILABLE TO THEIR CLIENTS. EACH PARTICIPANT IS GIFTED A 25 CLOTHING VOUCHER WHICH WILL PURCHASE SEVERALARTICLES OF CLOTHING. DIVERSITY THRIFT ALSO CONTRIBUTES APPROXIMATELY 200 ITEMS OF CLOTHING MONTHLY TO THOSE IN ECONOMIC NEED. UTILIZING NET REVENUES FROM ITS DIVERSITY THRIFT AND FROM RENTAL INCOME, DIVERSITY RICHMOND PROVIDED DIRECT CASH SUPPORT TO NON-PROFITS, AGENCIES AND GROUPS SERVING THE LGBTQ+ COMMUNITY IN CENTRAL VIRGINIA. IN 2024 DIVERSITY RICHMOND DISTRIBUTED 26,050 TO NON PROFIT ORGANIZATIONS AND 81,603 TO INDIVIDUALS IN ECONMOIC NEED.
  2. $699,547 spent. DIVERSITY RICHMOND HOLDS THE CENTRAL VIRGINIA PRIDE FEST ANNUAL CELEBRATION DESIGNED TO PROMOTE PEACE AND UNDERSTANDING AMONG DIVERSE CULTURES, RACES, CREEDS, GENDERS AND SEXUAL ORIENTATION. APPROXIMATELY 30,000 ATTENDEES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: University of Richmond (Richmond, VA), EIN 54-0505965. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.