Universalgiving

Analysis

Universalgiving is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in September 2003, 23 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, Universalgiving reported income of $1.6m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Universalgiving sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Grace Foundation ($1.6m), Caliber Collision Centers Foundation ($1.6m) and Portland Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $202k (15% of expenses). Other salaries and wages came to $35k. At year end it held assets of $5.5m against liabilities of $3,102, net assets of $5.5m. It reported 3 employees.