Family Giving Foundation Inc

Analysis

Family Giving Foundation Inc is a registered charity in United States, based in Papaikou, HI. 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, Family Giving Foundation Inc reported income of $12.6m and spending of $2.1m, leaving 83% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $11.8m to $12.6m (+6.4%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 6.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Family Giving Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within HI. Charities of a similar size with the same main cause include Leta McFarlin Chapman Memorial TR ($12.5m), Richland County Foundation of Mansfield ($12.6m) and United Way of Southeast Louisiana ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 3.7% of the total. At year end it held assets of $69.6m against liabilities of $2.8m, net assets of $66.8m.