Connected Giving Foundation

Analysis

Connected Giving Foundation is a registered charity in United States, based in Fredericksburg, VA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Connected Giving Foundation reported income of $59.7m and spending of $1.1m, leaving 98% of income unspent that year. Over the whole period it spent 1.9% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connected Giving Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Lyric Opera of Chicago ($59.7m), San Francisco Ballet Association ($59.8m) and Human Resources Research Organization ($59.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $60.9m against liabilities of $50k, net assets of $60.9m.