Giving Words Inc

Analysis

Giving Words Inc is a registered charity in United States, based in Gordonsville, VA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 2023, Giving Words Inc reported income of $170k and spending of $162k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $170k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Giving Words Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include St Thomas St John Services for the Developmentally Disabled Inc ($170k), Sma Foundation Inc ($170k) and Agua Para LA Vida ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $1,098, net assets of $73k.