Giraffe Laugh Inc

Analysis

Giraffe Laugh Inc is a registered charity in United States, based in Garden City, ID. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Giraffe Laugh Inc reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giraffe Laugh Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within ID. Charities of a similar size with the same main cause include Green Ribbon Legacy Inc ($2.0m), Good Shepherd Homecare & Hospice Inc ($2.0m) and Services for Aging Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $77k (3.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $320k, net assets of $1.6m. It reported 71 employees.