Expensify Org

Analysis

Expensify Org is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Expensify Org reported income of $522k and spending of $190k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $272k to $522k (+92%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 1260%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Expensify Org sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Friends of Ufm Inc ($521k), Torchys Family Foundation ($522k) and The Dee Howard Foundation ($521k).

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 $5.9m against liabilities of $0, net assets of $5.9m.