Overview
What is The Giving Spirit?
The Giving Spirit is a nonprofit organization based in Los Angeles, California, with a mission to offer immediate, tangible aid and promote education to combat homelessness in the local community. They accomplish this by assembling and distributing survival kits containing essential items, such as food, hygiene products, and protective gear, directly to homeless individuals. The organization also believes in engaging and educating the community about the realities of homelessness and the importance of community involvement in finding lasting solutions. During the pandemic, they adjusted their approach to hold smaller events and distribute kits through agency partners, serving over 9,000 lives in 2021.
Official website here: www.thegivingspirit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Giving Spirit has achieved a commendable rating of 92% from Charity Navigator, indicating a strong level of transparency and accountability in its operations. This Four-Star rating reflects exceptional performance in various categories, particularly in the management of financial resources. The organization has a fully independent board, which is crucial for maintaining objectivity and integrity in decision-making processes.
One of the strengths highlighted in the rating is the charity's impressive program expense ratio of 75.06%, indicating that a significant portion of its funds is directed toward its mission-related activities rather than administrative costs. Additionally, the organization has successfully implemented various essential policies, including conflict of interest and whistleblower policies, which are vital for safeguarding the trust of donors and stakeholders.
While the overall performance is strong, there are no specific limitations noted in the data provided. Overall, The Giving Spirit exemplifies effective nonprofit management, making it a reliable choice for potential donors seeking to support a well-governed organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Giving Spirit legitimate?
The Giving Spirit is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Spirit 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: $208,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,754
For more financial information, click here
Official website here: www.thegivingspirit.org
What is the mission statement of The Giving Spirit?
The Giving Spirit's mission is centered around providing immediate assistance to the homeless population in various communities. Their first objective is to assemble and distribute survival kits containing essential items such as food, hydrating drinks, toiletries, hygiene kits, PPE, clothing, and weather protection. The second part of their mission involves education and engagement. They aim to dispel myths and misconceptions about homelessness and encourage community involvement in finding workable solutions to alleviate and ultimately end homelessness. This is achieved through various platforms and by recognizing the dignity and common humanity of all individuals.
Official website here: www.thegivingspirit.org
Who is the CEO of The Giving Spirit?
Thomas Bagamane is the Chairman of The Giving Spirit.
Official website here: www.thegivingspirit.org
What is the revenue of The Giving Spirit?
The Giving Spirit's revenue in 2022 was $804,826.
Official website here: www.thegivingspirit.org
Who are the executives of The Giving Spirit and what are their salaries?
There 1500 volunteers at The Giving Spirit.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.thegivingspirit.org
Where can I find the form 990 for The Giving Spirit?
The Giving Spirit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegivingspirit.org
Learn more at the official website: www.thegivingspirit.org
Mission Statement of The Giving Spirit
The Giving Spirit, as an organization, is dedicated to two significant objectives. Initially, its mission is to offer immediate, tangible assistance to individuals experiencing homelessness in Greater Los Angeles. This aid takes the form of procuring, assembling, and directly distributing survival kits. These kits are packed with essential items such as food, hydrating drinks, fruit, toiletries, hygiene kits, PPE, clothing, and weather protection items.
Beyond providing material support, The Giving Spirit also prioritizes education and awareness. It seeks to engage, inform, and empower local communities and its members about the human aspect of homelessness. The organization challenges common misconceptions and sheds light on the realities of homelessness. By doing so, it encourages the belief that workable solutions to eradicate homelessness can stem from community involvement, first-hand experiences, empathy, and recognizing the inherent dignity of all individuals. Through storytelling, data, and emphasizing our shared humanity, The Giving Spirit aims to inspire and initiate meaningful change in the fight against homelessness.
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Impact
July, 2024
The Giving Spirit's impact can be seen in its direct provision of essential survival kits to homeless individuals in Greater Los Angeles. By distributing items such as food, toiletries, clothing, and PPE, the organization is able to meet immediate needs and provide crucial support to those experiencing homelessness. Additionally, The Giving Spirit works to educate volunteers and local communities about the realities of homelessness, aiming to dispel myths and foster a sense of shared responsibility in addressing this issue. Through its dual mission of aid and education, The Giving Spirit plays a vital role in serving and empowering unhoused individuals and promoting greater understanding of homelessness in the community.
This information is meant to be a general summary of The Giving Spirit. 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: -$63,713
- Gross Receipts: $907,096
Assets and Liabilities:
- Total Assets: $1,001,386
- Total Liabilities: $16,299
- Net Assets: $985,087
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Organization Details
Founding Year
2001
Principal Officer
Thomas Bagamane
Main Address
11693 SAN VICENTE BLVD NO 113, Los Angeles, CA, 90049
Website
www.thegivingspirit.orgNTEE Category
Code: P80 - Human services
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