Givejoy Foundation

Analysis

Givejoy Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2018, 8 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, Givejoy Foundation reported income of $399k and spending of $425k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $399k (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Givejoy Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Et Cetera Shop NFP ($399k), Sharon Studer Inc ($399k) and Mighty Moms ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (31% of expenses). Other salaries and wages came to $58k. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 2 employees.