Allegiant Giving Corporation

Analysis

Allegiant Giving Corporation is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Allegiant Giving Corporation reported income of $674k and spending of $740k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $674k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 196%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Allegiant Giving Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Society of St Vincent de Paul District Council of Wichita ($673k), Gasol Foundation ($674k) and Hinton Area Foundation Inc ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 1.6% of the total. Other salaries and wages came to $566k. At year end it held assets of $100k against liabilities of $118k, net assets of -$18k. It reported 15 employees.