Gofundme Org FY2023 filing

Tax-deductible

West Hollywood, CA501(c)(3)Since 2016Foundations & GrantmakersEIN 81-2279757Revenue $5.1M in FY2023

On file with the IRSgofundme.org8605 Santa Monica Blvd 88639, 90069-4109 · West Hollywood, CATax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To quickly and directly support individuals and communities impacted by disaster or pervasive social inequalities.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $925K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $384K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$311K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
-92% vs prior year
Spent
$13.9M
To programs
98%
Net assets
$9.2M
By yearFY2020–FY2025
Revenue
$5.1M
FY2023▼ -92%
Tap a bar for its year
Revenue by fiscal year
FY2020$30.8M
FY2021$15.3M
FY2022$65.5M
FY2023$5.1M
FY2024$13.6M
FY2025$19.3M
Expenses
$13.9M
FY2023▼ -76%
Tap a bar for its year
Expenses by fiscal year
FY2020$31.5M
FY2021$7.2M
FY2022$57.7M
FY2023$13.9M
FY2024$12.0M
FY2025$21.7M
Net assets
$9.2M
FY2023▼ -44%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$10.4M
FY2022$16.5M
FY2023$9.2M
FY2024$10.9M
FY2025$8.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $13.6M Management & general 2% · $279K Fundraising 0% · $63K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Board Member (former)
$0Pt VII · Sec A
Board Member (former)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Director (former)
$0Pt VII · Sec A
Treasurer (former)
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Gofundme Org executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides rapid financial grants and essential resources directly to individuals, families, and communities recovering from disasters or facing systemic social inequalities.

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Provided by the organization

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2 programs · $13.6M · in their own filed words · FY2022
01

GOFUNDME.ORG maintained and created funds specifically for various ongoing needs including, but not limited to helping people reach their most essential needs, education support for teachers, and other partner funds supporting refugee resettlement and other ongoing charitable initiatives.

$13.1Mprogram expense
02

GOFUNDME.ORG created campaigns specifically for various urgent needs including, but not limited to maintaining ukraine humanitarian support, support welcome refugees and aapi community. Grants were made to both charitable organizations and charitable class victims.

$511Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 8 funders →
Grants paid · 940 grants · $124.2M · 2019–2024
Unitemized GrantFY2024$4,588,848
The Change ReactionCA · FY2024$1,500,000
Unitemized GrantFY2024$1,485,926
Unitemized GrantFY2024$1,474,550
Unitemized GrantFY2024$858,799
Inclusive Action for the CityCA · FY2024$670,000
211 LaCA · FY2024$600,000
Comite Civico Del Valle INCCA · FY2024$512,140
Unitemized GrantFY2024$396,800
Patchwork Indy INCIN · FY2024$332,500
Unitemized GrantFY2024$222,325
Welcomenst INCMA · FY2024$189,500
Brawner Employees Family Survival Fund CorpFY2024$162,554
Unitemized GrantFY2024$156,636
Unitemized GrantFY2024$119,899
Church World Service INCIN · FY2024$116,500
See all 940 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Gifts and grantsLn 1h$6.4M
Investment incomeLn 3$58K
Money outPt IX
$13.9M
Ln 25
Programscol B$13.6M
Managementcol C$279K
Fundraisingcol D$63K
Owns and owesPt X
$9.2M
net assets · Ln 32
Cash and savingsLn 1–2$9.5M
Total assetsLn 16$9.5M
LiabilitiesLn 26$311K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.4M
Investment incomeLn 3$58K
Gains on assetsLn 7−$1.4M
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$6.8M
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$9.5M
InvestmentsLn 11–13$0
Total assetsLn 16$9.5M
LiabilitiesLn 26$311K
Net assetsLn 32$9.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5.0M$9.5M
InvestmentsLn 11–13$10.9M$0
Total assetsLn 16$16.5M$9.5M
LiabilitiesLn 26$2K$311K
Net assetsLn 32$16.5M$9.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11.9M$11.9M
Grants to domestic individualsLn 2$833K$833K
Grants and assistance to foreign recipientsLn 3$765K$765K
Legal feesLn 11b$89K$89K
Accounting feesLn 11c$71K$71K
Investment management feesLn 11f$34K$34K
Other fees for servicesLn 11g$90K$26K$39K$25K
Advertising and promotionLn 12$479$479
Information technologyLn 14$30K$30K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$58K$8K$13K$38K
Total functional expensesLn 25$13.9M$13.6M$279K$63K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $19.3M$21.7M−$2.4M$8.5M 990 PDF
FY2024 $13.6M$12.0M$1.7M$10.9M 990 PDF
FY2023 Viewing $5.1M$13.9M−$8.8M$9.2M 990 PDF
FY2022 $65.5M$57.7M$7.7M$16.5M 990 PDF
FY2021 $15.3M$7.2M$8.1M$10.4M 990 PDF
FY2020 $30.8M$31.5M−$716K$2.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $5,083,632 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,491,089$6,416,964
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$36,705−$1,333,332
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $65,454,384$5,083,632
I-13 Grants and similar amounts paidPrior year $56,960,284$13,544,042
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $780,386$376,102
I-18 Total expensesPrior year $57,740,670$13,920,144
I-19 Revenue less expensesPrior year $7,713,714−$8,836,512
Part VI · Governance 2 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $5,083,632 across 5 lines filed
VIII-1f All other contributions, gifts and grants$6,416,964
VIII-1h Total contributions, gifts and grants$6,416,964
VIII-3 Investment incomeExcluded from tax $57,904$57,904
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,391,236−$1,391,236
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$1,333,332$5,083,632
Part IX · Statement of functional expenses $13,920,144 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $11,946,440$11,946,440
IX-2 Grants to domestic individualsPrograms $832,938$832,938
IX-3 Grants and assistance to foreign recipientsPrograms $764,664$764,664
IX-11b Legal feesManagement $89,445$89,445
IX-11c Accounting feesManagement $70,888$70,888
IX-11f Investment management feesManagement $33,866$33,866
IX-11g Other fees for servicesPrograms $26,422 · Management $39,013 · Fundraising $24,681$90,116
IX-12 Advertising and promotionFundraising $479$479
IX-14 Information technologyManagement $30,500$30,500
IX-23 InsuranceManagement $2,703$2,703
IX-24 Other expenses (24a–d)Programs $7,776 · Management $12,660 · Fundraising $37,669$58,105
IX-25 Total functional expensesPrograms $13,578,240 · Management $279,075 · Fundraising $62,829$13,920,144
Part X · Balance sheet $9,528,067 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $5,011,531$6,772,863
X-2 Savings and temporary cash investmentsStart of year $0$2,700,166
X-3 Pledges and grants receivableStart of year $567,080$51,688
X-9 Prepaid expenses and deferred chargesStart of year $1,263$3,350
X-11 Publicly traded securitiesStart of year $10,921,757$0
X-16 Total assetsStart of year $16,501,631$9,528,067
X-18 Grants payableStart of year $1,761$311,178
X-26 Total liabilitiesStart of year $1,761$311,178
X-27 Net assets without donor restrictionsStart of year $807,217$1,038,372
X-28 Net assets with donor restrictionsStart of year $15,692,653$8,178,517
X-32 Total net assets or fund balancesStart of year $16,499,870$9,216,889
X-33 Total liabilities and net assetsStart of year $16,501,631$9,528,067
Part XI · Reconciliation of net assets $9,216,889 net assets at year end
XI-1 Total revenue$5,083,632
XI-2 Total expenses$13,920,144
XI-3 Revenue less expenses−$8,836,512
XI-4 Net assets at start of year$16,499,870
XI-5 Net unrealized gains (losses) on investments$1,553,531
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,216,889

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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