Simply Put

Analysis

Simply Put is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2020, Simply Put reported income of $819k and spending of $533k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $300k to $819k (+173%), an average of +173% a year. The sharpest change came in the year to December 2020, when income rose by 173%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simply Put sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Houston Va Research & Education Foundation ($818k), Institute on Science for Global Policy ($819k) and Spinal Cord Society ($818k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $170k (32% of expenses). At year end it held assets of $541k against liabilities of $14k, net assets of $527k.