Simple Charity Inc

Analysis

Simple Charity Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in August 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Simple Charity Inc reported income of $245k and spending of $247k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $274k to $245k (-11%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simple Charity Inc 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 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Tower Lights Charities Inc ($245k), Gateway to the Future Inc ($245k) and Kiwanis Club of San Jose Foundation Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). Other salaries and wages came to $40k. At year end it held assets of $61k against liabilities of $8,059, net assets of $53k. It reported 9 employees.