Giant Community Fund

Analysis

Giant Community Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1994, 32 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, Giant Community Fund reported income of $6.5m and spending of $6.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $6.5m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Giant Community Fund sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Community Services Foundation ($6.5m), Reading Terminal Market Corporation ($6.5m) and All Within My Hands ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $227k (3.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.0m against liabilities of $821k, net assets of $7.2m. It reported 317 employees.