MahoganyBooks is a Black-owned company cofounded by Derrick and Ramunda Young.[2] It was established in 2007 as an online bookstore operating out of the Youngs' one-bedroom apartment in Alexandria, Virginia.[2][3] In November 2017, they opened a 500 square feet location at the Anacostia Arts Center.[2] The bookshop is named after their daughter.[4][5] The Youngs opened MahoganyBooks as "a protest movement" aimed at empowering the Black community.[6] The store specializes in works by the African diaspora.[7] MahoganyBooks is the first D.C. bookshop to open east of the Anacostia River since the Pyramid Books chain closed in the mid-1990s.[8][9] The logo is a silhouette of a girl with Afro puffs reading a book.[9]
In 2020, MahoganyBooks won a $5,000 "Resilient Together" grant from Cities of Service, the District of Columbia Office of Planning, and the Local Initiatives Support Corporation. The funds supported a yearlong series, Black Books Matter: From the Writer's Perspective which featured writings by Ward 8 residents.[5] On January 26, 2021, former U.S. president Barack Obama joined the MahoganyBook book club's Black History Month virtual kickoff meeting.[10]