Gig Cares

Analysis

Gig Cares is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Gig Cares reported income of $870k and spending of $807k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $737k to $870k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gig Cares sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Forsyth County Family Haven Incorporated ($869k), Reimagine Atl ($870k) and South Philadelphia Presbyterian Apartments Inc ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $289k. At year end it held assets of $62k against liabilities of $0, net assets of $62k.