Givingforce USA Foundation

Analysis

Givingforce USA Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2021, 5 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, Givingforce USA Foundation reported income of $185k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $402k to $185k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 0.4% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Givingforce USA Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Massillon Heritage Foundation Inc ($185k), Waverly Community Foundation ($185k) and Continental Divide Color Guard Circuit ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $23k, net assets of $0.