Charitable Gift America Inc

Analysis

Charitable Gift America Inc is a registered charity in United States, based in Ponte Verdra Beach, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Charitable Gift America Inc reported income of $10.5m and spending of $6.3m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $10.5m (+859%), an average of +76% a year. The sharpest change came in the year to June 2024, when income rose by 542%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charitable Gift America Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Legacy of Excellence Inc ($10.5m), Aquinas Institute of Rochester ($10.5m) and Horizon Educational Services of Columbus Inc ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $3,000. At year end it held assets of $7.1m against liabilities of $727k, net assets of $6.4m. It reported 1 employees.