Black Gravity Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
BLK GRVTY IS AN ECONOMIC DESIGN FIRM. WE BUILD THE INFRASTRUCTURE THAT CONNECTS CAPITAL TO OWNERSHIP AND HEALTH,WHICH ARE THE STRUCTURAL DRIVERS OF A MORE INTELLIGENT, DURABLE ECONOMY FOREVERYONE.
- Income
- $1.9 million
- Spending
- $1.7 million
- Spent on programs
- 80%
- Reserves
- 1.6 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 1
- Highest pay
- $284,150, board member
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: 65 out of 100. Higher than 27% of charities in its peer group (civil rights, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.6 months of spending.
Debt
10 of 20It owes 36% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 271% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 3 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
Fair: 65 out of 100. Higher than 13% of charities in its peer group (civil rights, $1m to $10m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (1)
- $1.3 million spent. INDUSTRY LEADERSHIP AND KNOWLEDGE TRANSFER OUR CONVENING ACTIVITIES HAVE ESTABLISHED US AS A CENTRAL HUB FOR INDUSTRY KNOWLEDGE EXCHANGE, FACILITATING PARTNERSHIPS, SHARING BEST PRACTICES, AND CREATING COLLABORATIVE OPPORTUNITIES THAT BENEFIT THE ENTIRE COMMUNITY BUSINESS DEVELOPMENT ECOSYSTEM. THESE INITIATIVES HAVE GENERATED MEASURABLE NETWORKING VALUE AND KNOWLEDGE TRANSFER RESULTING IN NEW BUSINESS FORMATION. WOMENS HEALTH ECONOMIC IMPACT INITIATIVE WE LAUNCHED A STRATEGIC INVESTMENT PROGRAM TARGETING BUSINESSES THAT IMPROVE WOMENS HEALTH OUTCOMES, RECOGNIZING THE DIRECT CORRELATION BETWEEN WOMENS WELLNESS AND ECONOMIC PRODUCTIVITY. RESEARCH DEMONSTRATES THAT HEALTHIER WOMEN GENERATE HIGHER WORKFORCE PARTICIPATION RATES, INCREASED ENTREPREN HOME EQUITY ENTREPRENEURSHIP INITIATIVE WE DEVELOPED A COMPREHENSIVE HOMEOWNERSHIP PRESERVATION AND ACTIVATION STRATEGY THAT IS DESIGNED TO TRANSFORM RESIDENTIAL REAL ESTATE EQUITY INTO ENTREPRENEURIAL CAPITAL. OUR PROGRAM INCLUDES AN INNOVATIVE MULTISENSORY EDUCATIONAL EXHIBIT THAT TRACES THE HISTORICAL EVOLUTION OF AMERICAN HOMEOWNERSHIP, CONTEXTUALIZING CURRENT CHALLENGES WHILE DEMONSTRATING PATHWAYS FOR LEVERAGING HOME EQUITY AS BUSINESS STARTUP CAPITAL. THIS APPROACH IS DESIGNED TO ADDRESS BOTH HOUSING STABILITY STRATEGIC CAPITAL PARTNERSHIP PROGRAM THROUGH TARGETED PARTNERSHIPS WITH FUND MANAGERS, WE FACILITATE GROWTH CAPITAL ACCESS FOR SMALL AND MIDSIZE BUSINESSES WITH DEMONSTRATED SCALING POTENTIAL. OUR CURATED APPROACH CONNECTS VETTED FUNDS WITH APPROPRIATE FUNDING GRANT CAPITAL, RESULTING IN MORE SUSTAINABLE FUNDS WHICH INVEST IN BUSINESSES THAT CREATE MEASURABLE JOB CREATION, REVENUE ACCELERATION, AND MARKET EXPANSION ACROSS DIVERSE INDUSTRY SECTORS.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
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.