Giving USA Foundation Inc

Analysis

Giving USA Foundation Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2023, Giving USA Foundation Inc reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $737k to $1.7m (+124%), an average of +22% a year. The sharpest change came in the year to July 2021, when income rose by 63%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Giving USA Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Goodwill Works of the Chesapeake Inc ($1.7m), Corpsgiving Foundation ($1.7m) and Jack E and Rachel Gindi Foundation ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $1.6m against liabilities of $235k, net assets of $1.4m.