Givepower Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,134,857 | 4,015,441 | 3,119,416 | 20.0 | 3% |
| 2021 | 8,664,187 | 5,613,170 | 3,051,017 | 20.8 | 6% |
| 2022 | 10,887,667 | 8,192,679 | 2,694,988 | 18.2 | 6% |
| 2023 | 8,763,600 | 8,443,351 | 320,249 | 18.1 | 8% |
In its most recent public year (2023), this organization brought in $320,249 more than it spent. Its reserves stood at about 18.1 months of spending, down from 20 in 2020. Staff pay was 8% of spending. $3,255,474 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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