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International : Development and Relief Services (Grantmaking/Grants Payable)

Givedirectly Inc.

Sending money directly to the extreme poor

four stars

98.23

P.O. Box 3221 New York, NY 10008
tel: (646) 504-4837   Web Site
EIN: 27-1661997

Board Leadership
Paul Niehaus
Chair

CEO
Michael Faye
President, Co-Founder

  Score
(out of 100)
Rating
Overall Score & Rating 98.23 four stars
  Financial 97.50 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

GiveDirectly is the first and the largest nonprofit that lets donors send money directly to the world's poorest. We believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives, and cash enables that choice. GiveDirectly is leading the world's largest and longest term experiment to date studying the effects of a Universal Basic Income. We have also given money to refugees and are continuing to build on the success of their pilot test of providing lump sum cash grants at scale.

GiveDirectly is the first and the largest nonprofit that lets donors send money directly to the world's poorest. We believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives, and cash enables that choice. GiveDirectly is leading the world's largest and longest term experiment to date studying the effects of a Universal Basic Income. We have also given money to refugees and are continuing to build on the success of their pilot test of providing lump sum cash grants at scale.

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

97.50

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
93.9%
  Administrative Expenses 2.3%
  Fundraising Expenses 3.7%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.34
  Program Expenses Growth 62.4%
  Liabilities to Assets 25.5%
All data for Financial Performance Metrics calculations was provided by Givedirectly Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Givedirectly Inc. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Givedirectly Inc. (NY) 98.23 four stars
One World Children's Fund (CA) 98.23 four stars
GlobalGiving (DC) 98.23 four stars
The Akshaya Patra Foundation USA (CA) 95.47 four stars
ECHO (FL) 93.29 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $50,269,052
   Federated Campaigns $11,647
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,624,146
Total Contributions $52,904,845
   Program Service Revenue $0
Total Primary Revenue $52,904,845
   Other Revenue $2,227,675
TOTAL REVENUE $55,132,520
   
EXPENSES  
   Program Expenses $66,054,141
   Administrative Expenses $1,111,710
   Fundraising Expenses $1,870,448
TOTAL FUNCTIONAL EXPENSES $69,036,299
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-13,903,779
   
Net Assets $64,842,960

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Direct Cash Transfer $66,054,141 100.0%

Ratings History
Givedirectly Inc. has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 98.23 four stars
2017-12 12/20/2019 100.00 four stars
2017-12 12/01/2019 97.17 four stars
2017-12 11/01/2019 94.34 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 27-1661997
Name in IRS Master File GIVEDIRECTLY INC
NTEE Code P60
NTEE Classification Emergency Assistance (Food, Clothing, Cash)
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2010
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • August, 2014
Compensation % of Expenses Paid to Title
Not compensated -- Michael Faye President
Other Salaries of Note
$213,531 0.30% Piali Mukhopadhyay COO - International
$185,715 0.26% Joseph Huston CFO
$173,835 0.25% Eric Friedman Country Director
$150,829 0.21% Isobel Coleman COO - Domestic

Highly Rated

Charity Name & State Overall Score Overall Rating
Givedirectly Inc. (NY) 98.23 four stars
Partners Worldwide (MI) 89.48 three stars
Safe Water Network (NY) 90.97 four stars
International Youth Foundation (MD) 90.12 four stars
International Institute of Rural Reconstruction (IIRR) (NY) 94.12 four stars

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Charity Contact Info

Givedirectly Inc.
P.O. Box 3221
New York, NY 10008
tel: (646) 504-4837
EIN: 27-1661997

Visit Web Site

Board Leadership

Paul Niehaus
Chair

CEO

Michael Faye
President, Co-Founder

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