Equitable Giving Circle

Analysis

Equitable Giving Circle is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2021, 5 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, Equitable Giving Circle reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.6m to $1.1m (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Equitable Giving Circle sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Eastern Shore Community College Foundation ($1.1m), Central Maine Community Health Corporation ($1.1m) and Mecked ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $280k (26% of expenses). Other salaries and wages came to $37k. At year end it held assets of $270k against liabilities of $0, net assets of $270k. It reported 5 employees.