Givv Hub

Analysis

Givv Hub is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Givv Hub reported income of $146k and spending of $114k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $320k to $146k (-55%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Givv Hub sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within UT. Charities of a similar size with the same main cause include Souderton-Telford Community Development Corporation ($146k), R a H Civic Association ($146k) and Pennpac Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $740k against liabilities of $400k, net assets of $340k.