Black Gravity Inc

Foundation · Grantmaker Washington, DC EIN: 87-1578309

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.

Key facts about Black Gravity Inc

In short: Black Gravity Inc gave $350K across 4 grants in 2024 (avg $88K), top state Michigan. Source: 2024 IRS Form 990.

EIN
87-1578309
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$350,000
Grants made (2024)
4
Average grant
$87,500
Median grant
$87,500
Total assets
$954,208
Primary geography
Michigan (43% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$954K

+48.6% YoY

Annual Giving

$350K

+1300.0% YoY

Grant Count

4

Avg Grant Size

$88K

About Black Gravity Inc

Based on IRS filings

Black Gravity Inc is a nonprofit organization focused on Civil Rights, Social Action & Advocacy, based in Washington, DC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $954K in total assets. In 2024, it awarded 4 grants totaling $350K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 4 itemized 2024 grant dollars.

Cities

DetroitNew YorkSan FranciscoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2022Total only20234 grants2024

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Milestone Growth Capital Institute: $150KMilestone Growth CapitalInstitute$150KCollide Capital LLC: $100KCollide Capital LLC$100KCake Ventures Management LLC: $75KCake Ventures Management LLC$75KBlack Economic Alliance: $25KBlack Economic Alliance$25K

Grant Size Distribution

4 grants across all recorded years

1<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MILESTONE GROWTH CAPITAL INSTITUTE Detroit, MITRAININGS & COMMUNITY CULTIVATION$150,000
COLLIDE CAPITAL LLC New York, NYTO COVER EXPENDITURES$100,000
CAKE VENTURES MANAGEMENT LLC San Francisco, CATO COVER EXPENDITURES$75,000
BLACK ECONOMIC ALLIANCE Washington, DCJOB CREATION WAGES AND COMMUNITY NEEDS$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202220232024
Metric202420232022
Total Assets$954,208$642,309$1,170,299
Revenue$1,855,421$500,537$1,487,351
Expenses$1,674,103$1,229,613$370,537
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS July 20, 2026)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS July 20, 2026)

Leadership & Key People

Officers and directors from IRS filings

Black Gravity Inc's 2024 filing lists 4 officers; 2 of 4 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Chipo Sachirarwe

    Board Member

    On filings since 2022

    50 hrs/week

    $284K (2024)

  • Janay Nazaire

    Board Member

    On filings since 2022

    50 hrs/week

    $267K (2024)

  • Jim Casselberry

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Ushir Shah

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Gregory Campbell (2022) — Board Member
  • Former: Melissa Bradley (2022) — Board Member

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Chipo Sachirarwe — Board Member: $284KChipo SachirarweBoard Member$284KJanay Nazaire — Board Member: $267KJanay NazaireBoard Member$267K

Frequently asked questions about Black Gravity Inc

How much does Black Gravity Inc give each year?

Black Gravity Inc gave $350K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it reported $25K in grants paid.

What is Black Gravity Inc's typical grant size?

Black Gravity Inc's median grant in 2024 was $87,500, and its average grant was $87,500, across 4 grants on its 2024 IRS Form 990.

Where does Black Gravity Inc give grants?

Black Gravity Inc's top state is Michigan, with 43% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were New York (29%) and California (21%).

Does Black Gravity Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Black Gravity Inc's 2024 IRS Form 990 were described as general or operating support.

How large is Black Gravity Inc?

Black Gravity Inc reported $954K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.9M.

What is Black Gravity Inc?

Black Gravity Inc is a nonprofit organization focused on Civil Rights, Social Action & Advocacy, based in Washington, DC. It holds $954K in total assets as of 2024.

What is Black Gravity Inc's EIN?

Black Gravity Inc's EIN (Employer Identification Number) is 87-1578309. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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