GiveDirectly
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
GiveDirectly meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to reduce poverty by providing financial assistance directly to those in need."
Year, State Incorporated:
2009, MA
GiveDirectly reports that it facilitates direct cash transfers to those in need through donations from governments, foundations, and individuals. GiveDirectly states that it locates recipients, integrates them into electronic payment networks, and monitors the cash transfers end-to-end. The organization reports that it currently has operations in the Democratic Republic of the Congo, Kenya, Malawi, Mozambique, Rwanda, Uganda, and the United States.
For the year ended December 31, 2024, GiveDirectly's program expenses were:
| International poverty assistance | $100,688,449 |
| U.S. poverty assistance | $12,878,632 |
| Total Program Expenses | $113,567,081 |
Chief Executive
Nickolas Allardice, President and Chief Executive Officer
Compensation*
$287,719
Chair of the Board
Aly Sheezar Jeddy
Chair's Profession / Business Affiliation
Director, McKinsey & Company
Board Size
5
Paid Staff Size
110
*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Mr. Allardice became President and Chief Executive Officer in July 2024. The previous President, Samuel Mwamburi Mwale, received $438,407 in compensation during 2024.
Method(s) Used:
Invitations to fund raising events, Radio, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Cryptocurrency, Workplace Giving
Fundraising costs were 4% of related contributions. (Related contributions, which totaled $201,082,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on GiveDirectly's audited financial statements for the year ended December 31, 2024.
Source of Funds
| Grants and contributions | $181,920,952 |
| U.S. federal, foreign government and multilateral grants | $19,101,351 |
| Investment income | $4,902,476 |
| Foreign currency transactions | $2,847,560 |
| In-kind contributions | $59,697 |
| Other income | $35,862 |
| Total Income | $208,867,898 |
Programs: 87% Fundraising: 6% Administrative: 7%
| Total Income | $208,867,898 |
| Total expenses: | $130,235,467 |
| Program expenses | $113,567,081 |
| Fundraising expenses | $7,380,643 |
| Administrative expenses | $9,287,743 |
| Other expenses | $0 |
| Income in Excess of Expenses | $78,632,431 |
| Beginning Net Assets | $123,342,535 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $201,974,966 |
| Total Liabilities | $44,047,638 |
| Total Assets | $246,022,604 |
Note: According to GiveDirectly’s 2024 audited financial statements, the organization received in-kind contributions totaling $59,697 in the form of advertising and website support and development.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
