Give2cuba

Analysis

Give2cuba is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2018, 8 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, Give2cuba reported income of $60k and spending of $56k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $38k to $60k (+60%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Give2cuba sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include The Julius Foundation ($60k), Brandel-Murphy Youth Foundation Inc ($60k) and Robin S Nest Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.