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GiveClear Foundation

Charlotte, NC · EIN 81-3222963 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

GiveClear Foundation reported $214.9 million in revenue and $33.6 million in expenses for calendar year 2024. Of every $100 it spent, $99.77 went to program services, $0.20 to management and general costs and $0.03 to fundraising. Its largest source of revenue was contributions and grants: 97.9% of the total. The highest compensation it reported for one person was $8,793 (Board Member). Revenue rose 42231% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $215M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.9%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$8,793$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.56%
People paid over $100,000
Part VII, line 2
03
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
76.856.6
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · grants $32M

The GiveClear Foundation delivers an inspiring charitable giving experience through innovative technology and personal engagement for Americans. We envision a new model of philanthropy - a system at your fingertips connecting passionate people to trusted charities at scale - empowering people of any means to give and support positive change. During 2024 we distributed over $31.7M in grants that positively impacted 2,630 non profit organizations across the United States

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Board Member
Director/trustee, 10.0 hrs/week
$8,793$0$0$8,793

0 people received more than $100,000 in reportable compensation from GiveClear Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8,793 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$215M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$215M$34M99.8%$215M$8,793
2023 ⓘ$27M$4.0M97.9%$26M$72,000
2022 ⓘ$2.8M$787K88.0%$2.6M$36,000
2021 ⓘ$716K$630K69.2%$525K$99,185
2020 ⓘ$1.0M$787K70.2%$381K$75,000
2019 (amended) ⓘ$508K$366K75.8%$159K$60,000

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 65

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Tifin GIve LLC
Technical and Charitable Support Services
$185,921

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to GiveClear Foundation totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from GiveClear Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for GiveClear Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in North Carolina

Questions people ask

How much of GiveClear Foundation's spending goes to programs?

In calendar year 2024, GiveClear Foundation reported that 99.8% of its $33.6 million in expenses went to program services, 0.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does GiveClear Foundation pay its top executive?

The largest total compensation GiveClear Foundation reported for one person in calendar year 2024 was $8,793, for the role of Board Member (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does GiveClear Foundation get its money?

Of $214.9 million in revenue in calendar year 2024, 97.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is GiveClear Foundation a registered charity?

The IRS lists EIN 81-3222963 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533199349302978 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202412829349301586 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332759349301968 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349310033 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349324331 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202143569349300139 · read the filing

All filings for EIN 81-3222963: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.