Paypal Charitable Giving Fund

Analysis

Paypal Charitable Giving Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2011, 15 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, Paypal Charitable Giving Fund reported income of $504.4m and spending of $503.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180.3m to $504.4m (+180%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paypal Charitable Giving Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within DC. Charities of a similar size with the same main cause include Greater Kansas City Community Foundation ($462.1m), Foundation for the Carolinas ($538.0m) and Pew Charitable Trusts ($415.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. At year end it held assets of $123.7m against liabilities of $120.8m, net assets of $2.9m.