Simply Distribute Charitable Foundation

Analysis

Simply Distribute Charitable Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in October 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Simply Distribute Charitable Foundation reported income of $4.5m and spending of $1.5m, leaving 67% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $371k to $4.5m (+1116%), an average of +87% a year. The sharpest change came in the year to September 2021, when income rose by 276%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simply Distribute Charitable Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Axia International ($4.5m), Padres Foundation ($4.5m) and Zaka Tel Aviv Inc ($4.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.