Givebac Inc

Analysis

Givebac Inc is a registered charity in United States, based in Chesterfield, SC. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Givebac Inc reported income of $180k and spending of $172k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $180k (-3.3%), an average of -3.3% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Givebac Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Society of Air Force Pharmacists Ltd ($180k), Albany County Public Library Foundation ($180k) and Bandstanders ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.