305 Gives Back Inc

Analysis

305 Gives Back Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 305 Gives Back Inc reported income of $101k and spending of $22k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $101k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 4604%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, 305 Gives Back Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Embrace Uganda ($101k), Kyuenkyab Nyamso Tsogpa Foundation ($101k) and Tulsa Committee on Foreign Relations Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.