Givens Estates Inc

Analysis

Givens Estates Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in October 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Givens Estates Inc reported income of $80.0m and spending of $68.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $61.5m to $80.0m (+30%), an average of +6.8% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Givens Estates Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Special People in Northeast Inc Spin Center ($79.5m), Lutheran Homes of South Carolina Inc ($80.2m) and Family Initiative Inc ($79.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.5m (2.2% of expenses). Other salaries and wages came to $25.9m. At year end it held assets of $384.0m against liabilities of $282.3m, net assets of $101.6m. It reported 876 employees.