Givedirectly Inc

Organization Overview

Givedirectly Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Givedirectly Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Givedirectly Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Givedirectly Inc generated $254.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $196.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO REDUCE POVERTY BY PROVIDING FINANCIAL ASSISTANCE DIRECTLY TO THOSE IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GIVEDIRECTLY OFFERS A SERVICE ALLOWING OTHERS - GOVERNMENTS, FOUNDATIONS, INDIVIDUAL DONORS - TO PROVIDE DIRECT CASH TRANSFERS, TO THOSE IN NEED. THE ORGANIZATION'S PROPRIETARY MODEL RE-ENGINEERS FIELDWORK FOR THE DIGITAL ERA, ALLOWING IT TO COMPLETE THESE TRANSFERS SECURELY, EFFICIENTLY AND TRANSPARENTLY. USING THE LATEST TECHNOLOGY AT EVERY STEP, GIVEDIRECTLY LOCATES RECIPIENTS, INTEGRATES THEM INTO ELECTRONIC PAYMENTS NETWORKS, AND MONITORS TRANSFERS END-TO-END. THE ORGANIZATION CHARGES DONORS THE FULL COST OF DELIVERING THIS SERVICE. SINCE 2009, GIVE DIRECTLY HAS REACHED MORE THAN 1M RECIPIENTS IN 11 COUNTRIES.IN 2021, GIVEDIRECTLY DELIVERED OVER $165M TO OVER 550K HOUSEHOLDS IN 10 COUNTRIES ACROSS 25 DIFFERENT PROGRAMS. WE REACHED MORE PEOPLE IN POVERTY INTERNATIONALLY IN 2021 THAN ANY YEAR PRIOR. WE CONTINUED TO PROVIDE U.S. COVID-19 RELIEF HAVING REACHED 47K MORE HOUSEHOLDS WITH $1000 PAYMENTS, CLOSING OUT THE LARGEST DONOR-FUNDED CASH TRANSFER PROGRAM IN U.S. HISTORY. WE PROVIDED TECHNICAL SUPPORT TO THE SOCIAL FUND OF THE DRC'S COVID-19 RELIEF EFFORT IN DECEMBER THROUGH AN ALTERNATIVE APPROACH THAT USES THE LATEST IN DATA SCIENCE (INCLUDING MACHINE LEARNING WHERE APPROPRIATE) AND DIGITAL PAYMENTS TECHNOLOGY TO REMOTELY IDENTIFY, ENROLL, AND PAY PEOPLE LIVING IN EXTREME POVERTY AT UNPRECEDENTED SPEED AND SCALE. A SIMILAR DATA-DRIVEN APPROACH ENABLED GIVEDIRECTLY TO REACH 100K+ PEOPLE IN TOGO FULLY REMOTELY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Segovia Technology
Payment Gateways
$533,029
Salesforce
Software
$253,669
Peak Support Llc
Business Process Outsourcing
$137,895
Shining Hope For Communities
Community Advocacy
$185,000
Hyperwallet
Payment Gateways
$165,074
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$10,059
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $21,057,285
All other contributions, gifts, grants, and similar amounts not included above$228,159,660
Noncash contributions included in lines 1a–1f $42,769,825
Total Revenue from Contributions, Gifts, Grants & Similar$249,227,004
Total Program Service Revenue$0
Investment income $2,072,199
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $107,620
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $254,085,265

Grants Awarded

Over the last fiscal year, Givedirectly Inc has awarded $99,465 in support to 2 organizations.

Grant RecipientAmount

SHINING HOPE FOR COMMUNITIES

Org PageRecipient Profile

New York, NY

PURPOSE: PROVIDE LIVELIHOOD ASSISTANCE TO WOMEN IN PARTS OF NAIROBI

$55,000

CENTER FOR EFFECTIVE GLOBAL ACTION (UC BERKELEY)

Org PageRecipient Profile

Berkeley, CA

PURPOSE: USING CEGA'S TECHNOLOGY, DISCOVER MORE EFFECTIVE AND IMPACTFUL WAS TO IDENTIFY RECIPIENTS

$44,465
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Givedirectly Inc has recieved totaling $42,750.

Awarding OrganizationAmount
Peter T Joseph Foundation Inc

New York, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$16,800
The Margaret And Jennifer Kress Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
Hearthstone Charitable Foundation

Moultonborough, NH

PURPOSE: HUMANITARIAN

$7,000
The Salon Family Foundation Inc

Armonk, NY

PURPOSE: CHARITABLE

$3,200
Whitehill Family Foundation

Hermosa Beach, CA

PURPOSE: GENERAL UNRESTRICTED

$3,000
Hardy Foundation Inc

Cincinnati, OH

PURPOSE: VARIOUS

$1,500
View Grant Recipient Profile

Peer Organizations

Create an account to unlock the data you need.

or