Social Giving Network

Analysis

Social Giving Network is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in March 2013, 13 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, Social Giving Network reported income of $992k and spending of $551k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $2.5m to $992k (-61%), an average of -27% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Social Giving Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Edge Ai Foundation ($992k), California Living Museum Foundation ($992k) and United Labor Agency of Nevada Inc ($991k).

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 $753k against liabilities of $0, net assets of $753k.