Gals Give Back Inc

Analysis

Gals Give Back Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Gals Give Back Inc reported income of $71k and spending of $47k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $71k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gals Give Back Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Prince Henry Charitable Foundation ($71k), Vero Beach Airshow Inc ($71k) and Hope Grows Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.