Conscious Giving Inc

Analysis

Conscious Giving Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2018, 8 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 2022, Conscious Giving Inc reported income of $128k and spending of $126k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $15.6m to $128k (-99%), an average of -91% a year. The sharpest change came in the year to December 2021, when income dropped by 99%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Conscious Giving Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Whiteside County Soil Water Conserv & Education Fund Inc ($128k), The Laredo Diploma Plus Foundation Inc ($128k) and Sussex Educational Foundation Inc ($127k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $11k (8.7% of expenses). At year end it held assets of $144k against liabilities of $8,405, net assets of $136k.