Give Me an Answer Inc

Analysis

Give Me an Answer Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Give Me an Answer Inc reported income of $225k and spending of $162k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $225k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Give Me an Answer Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Reach Ministries of Corpus Christi ($225k), Ignite Myanmar ($225k) and Agape Indians Ministries Intl Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.