Givethx

Analysis

Givethx is a registered charity in United States, based in Greenbrae, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Givethx reported income of $661k and spending of $376k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $217k to $661k (+205%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 229%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Givethx sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Arthur Morgan School Inc ($661k), Board of Trustees of the Sedgwick County Law Library Inc ($661k) and Naperville District 203 General Home & School Association ($661k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $118k (31% of expenses). Other salaries and wages came to $32k. It paid $39k in professional fundraising fees. At year end it held assets of $572k against liabilities of $58k, net assets of $514k. It reported 2 employees.