Overview
What is Givedirectly Inc?
Givedirectly Inc is a New York-based nonprofit organization that specializes in facilitating direct cash transfers to individuals in need, with a mission to reduce poverty. Founded in 2009, the organization has reached over 1 million recipients across 11 countries. By using the latest technology, they ensure secure, efficient, and transparent transactions. Givedirectly has delivered substantial funds to various countries, including two new additions, Nigeria, and Yemen, and executed programs in 27 different projects. They've also provided technical support for various relief efforts, such as the Social Fund of the DRC's COVID-19 relief effort. With a team of 102 employees, the organization has helped launch three of the ten largest guaranteed income programs in the United States and provided swift financial assistance during natural disasters. Their studies have shown significant positive impacts on their cash transfer programs in countries like Liberia, Malawi, and Uganda. Overall, Givedirectly Inc is dedicated to providing financial assistance directly to those in need, leveraging technology to make a difference.
Official website here: www.givedirectly.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Givedirectly Inc has achieved an impressive 98% rating from Charity Navigator, reflecting strong performance in accountability and finance, leadership adaptability, and community culture. Their high program expense ratio of 95.61% indicates that a substantial portion of donations directly fund their initiatives, demonstrating a commitment to cost efficiency in delivering aid.
User feedback highlights the organization's transparency and effectiveness in implementing direct cash transfers to recipients, which many reviewers believe significantly improves lives. Several donors noted the charity's unique approach as innovative and cost-effective, with real-time updates on impact available through their website, further underscoring a model that prioritizes the needs of those they serve.
While the overall feedback is overwhelmingly positive, there may be a lack of detailed critiques in the available user reviews. However, the consensus among supporters is that Givedirectly is a leading example in the nonprofit sector, with a model that could shape the future of philanthropy.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Givedirectly Inc legitimate?
Givedirectly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Givedirectly Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,485,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,668,596
For more financial information, click here
Official website here: www.givedirectly.org
What is the mission statement of Givedirectly Inc?
Givedirectly Inc is dedicated to reducing poverty by providing direct financial assistance to those in need. The organization's mission is to facilitate the transfer of funds to individuals and families living in poverty, using advanced technology for secure, efficient, and transparent transactions. Since its inception in 2009, Givedirectly has reached over 1 million recipients in 11 countries and delivered over $146 million to over 334,000 households in 2022. The organization's innovative approach has allowed it to provide financial support to people in Africa more than in any previous year. Givedirectly has also provided technical support to disaster relief efforts, launched cash programming to improve resilience, and helped implement some of the largest guaranteed income programs in the United States. The organization's ongoing commitment to research and development has led to the successful launch of numerous randomized controlled trials, revealing positive impacts on recipients' resilience, investments, income, and assets.
Official website here: www.givedirectly.org
Who is the CEO of Givedirectly Inc?
Samuel Mwamburi Mwale is the 08/2022; Exec. Chair From 09/2022 of Givedirectly Inc.
Official website here: www.givedirectly.org
What is the revenue of Givedirectly Inc?
Givedirectly Inc's revenue in 2022 was $175,713,344.
Official website here: www.givedirectly.org
Who are the executives of Givedirectly Inc and what are their salaries?
The average compensation at Givedirectly Inc during 2022 was $227,001. There are 102 employees and 5 volunteers at Givedirectly Inc.
Here are 14 key members and their salaries:
- Compensation: $279,333
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $487,915
- Related: $0
- Other: $6,690
- Compensation: $139,549
- Related: $0
- Other: $0
- Compensation: $278,096
- Related: $0
- Other: $15,665
- Compensation: $269,948
- Related: $0
- Other: $8,312
- Compensation: $234,318
- Related: $0
- Other: $11,168
- Compensation: $233,837
- Related: $0
- Other: $3,930
- Compensation: $227,698
- Related: $0
- Other: $8,336
- Compensation: $208,727
- Related: $0
- Other: $10,974
- Compensation: $211,236
- Related: $0
- Other: $0
Official website here: www.givedirectly.org
Where can I find the form 990 for Givedirectly Inc?
Givedirectly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.givedirectly.org
Learn more at the official website: www.givedirectly.org
Mission Statement of Givedirectly Inc
Givedirectly Inc, a pioneering organization, is on a mission to reduce poverty by providing financial assistance directly to those in need. The organization's primary objective is to bridge the gap between those who have the means to help and those who are struggling to make ends meet. With a unique approach, Givedirectly enables governments, foundations, and individual donors to make secure, efficient, and transparent cash transfers to recipients in need.
Using advanced technology, Givedirectly locates and integrates recipients into electronic payment networks, ensuring the delivery of funds with end-to-end monitoring. The organization's innovative model, which re-engineers fieldwork for the digital era, has enabled it to reach over 1 million recipients in 11 countries since its inception in 2009. In 2022 alone, Givedirectly delivered over $146 million to over 334,000 households across 11 countries, including new recipients in Nigeria and Yemen. The organization's commitment to helping families adapt to climate change has seen it implement targeted cash programming to improve resilience and safety in several countries.
Moreover, in response to the COVID-19 relief efforts, Givedirectly provided technical support through an alternative approach that combined the latest data science and digital payments technology to identify, enroll, and pay people living in extreme poverty at unprecedented speed and scale. The organization's ongoing commitment to research and development resulted in the successful launch of its 20th randomized controlled trial in 2022, with studies conducted in Liberia, Malawi, and Uganda, revealing significant positive impacts on resilience, investments, income, and assets within Givedirectly's cash transfer programs.
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Impact
October, 2024
Givedirectly Inc has made a significant impact in the fight against poverty by providing direct financial assistance to individuals and families in need. Through its innovative model, the organization enables governments, foundations, and individual donors to deliver cash transfers efficiently and transparently, leveraging the latest technology to ensure secure transactions.
Since its inception in 2009, Givedirectly has reached over 1 million recipients across 11 countries, delivering more than $146 million to over 334,000 households in 2022 alone. This financial support has helped families adapt to climate change, improved their resilience and safety, and contributed to their overall economic stability.
Additionally, Givedirectly has been instrumental in launching large-scale guaranteed income programs in the United States and has rapidly responded to disasters, ensuring that affected families receive financial assistance promptly, often within 48 hours.
Furthermore, Givedirectly prioritizes research and development; it has conducted numerous randomized controlled trials, demonstrating significant positive impacts on recipients' resilience, income, and asset growth in countries like Liberia, Malawi, and Uganda. Through its ongoing efforts, Givedirectly continues to redefine poverty alleviation by putting cash directly into the hands of those who need it most.
This information is meant to be a general summary of Givedirectly Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,205,285
- Gross Receipts: $179,538,903
Assets and Liabilities:
- Total Assets: $240,039,533
- Total Liabilities: $126,223,824
- Net Assets: $113,815,709
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Organization Details
Founding Year
2009
Phone
(646) 504-4837Principal Officer
Samuel Mwamburi Mwale
Main Address
PO BOX 3221, NEW YORK, NY, 10008
Website
www.givedirectly.orgNTEE Category
Code: P60 - Human services
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