The top 100 charities with the most revenue are massive and diverse. With each charity earning between $779.1 million and $10 billion in revenues, these organizations combined earn $181.0 billion in revenues each year and have $291.1 billion in investable assets.
Mission-wise, foundations (including donor-advised funds) are the most common, with ~20% of the top 100 charities. International development and relief organizations come second, with ~12% of the charities. Third place is surprising: Pharmaceutical charities set up by drug companies to help people pay for their prescription medications. After that are research institutes, sports leagues, religious organizations, and a variety of others.
|Nonprofit type||Top metro areas|
|New York City||100.0%|
|Nonprofit type||Top categories|
|Health finance organizations||72.2%|
|International humanitarian organizations||33.3%|
|Engineering and technology research centers||22.2%|
|Home health care agencies||22.2%|
|Biological research centers||16.7%|
|Nonprofit management centers||11.1%|
|Educational service providers||11.1%|
Cause IQ digitizes and cleans electronic and paper / scanned Form 990s for over 400,000 IRS-registered tax-exempt organizations. We narrowed these to only 501(c)(3) organizations, and excluded hospitals, colleges, universities, insurance companies, and their respective foundations. We did this because most of our customers colloquially do not include these when they refer to "charities". We also limited organizations to those eligible to receive tax-deductible charitable contributions (i.e., appearing on the IRS's Publication 78).
Article originally published on December 18, 2019.