GiveWell is devoted to discovering excellent giving alternatives and publishing the complete particulars of our evaluation to assist donors resolve the place to provide. The desk under describes our monetary efficiency in 2022 and 2023.1GiveWell’s metrics yr runs from February 1 via January 31, so metrics yr 2023 ran from February 1, 2023, via January 31, 2024. Our metrics report is often printed at the very least six months after the shut of the metrics yr as a result of we have to acquire knowledge on donations we affect from third events after which cross-check that knowledge to make sure we aren’t double-counting any funds.
| 2022 | 2023 | Y/Y Development | |
|---|---|---|---|
| Funds Raised | $602,889,435 | $355,070,034 | -41% |
| Funds Directed | $439,391,295 | $216,305,835 | -51% |
Donations typically remained regular, with greater than 30,000 donors aside from Open Philanthropy giving a complete of round $255 million in 2023 in comparison with round $253 million in 2022, however we acquired much less funding from Open Philanthropy in 2023 than we did in 2022.2Traditionally, Open Philanthropy has been the biggest single donor to GiveWell-recommended funds. In October 2023, Open Philanthropy introduced that it deliberate to provide $300 million for GiveWell to spend from 2023 via 2025; we allotted $100 million of that whole for 2023. The quantity for 2023 is lower than Open Philanthropy gave in 2021 ($300 million) or 2022 ($350 million). The lower in funds raised between 2022 and 2023, which totaled $248 million, could be defined primarily by the lower in Open Philanthropy funding between 2022 and 2023.
Most donors who give by way of GiveWell depend on GiveWell to allocate their donation moderately than selecting to limit their donation to a specific group. Our giving funds permit donors to contribute to probably the most impactful grant alternatives our researchers have recognized. In 2023, GiveWell really useful allocations for 90% of the donations we raised, in comparison with 91% in 2022 and 86% in 2021.3This contains grants we suggest that different funders make; the overwhelming majority of these come from Open Philanthropy, which typically disburses funding on to the organizations we suggest. Word, nevertheless, that Open Philanthropy retains the discretion to approve or reject grants.
| Class | Quantity | % of Complete |
|---|---|---|
| GiveWell-recommended funds | $319,202,416 | 90% |
| High Charities Fund donations | $93,834,608 | 26% |
| All Grants Fund donations | $30,256,052 | 9% |
| Unrestricted funds | $70,739,619 | 20% |
| Funds from Open Philanthropy | $100,000,000 | 28% |
| Different GiveWell-recommended funds4This contains donations to All Grants Fund and High Charities Fund equivalents (equivalent to funds created by charity aggregators who depend on our analysis and proposals), in addition to donations for particular grants. | $24,372,137 | 7% |
| Donor-designated funds | $35,867,618 | 10% |
| Complete | $355,070,034 | 100% |
In 2023, we directed round $197 million to the organizations we suggest, and spent an extra $19 million on our operations.
| 2023 Funds Directed by Class | 2022 | 2023 | Yr/Yr Development |
|---|---|---|---|
| Funds directed to organizations | $425,224,570 | $197,474,318 | -54% |
| Funding directed to High Charities5Because of altering the factors for High Charities in August 2022, the 2022 Metrics Report included funds directed to former High Charities within the whole for High Charities. This yr, we’ve moved funds directed to those former High Charities (which totaled $7,267,818 in 2023) into “Funding directed to different packages.” | $342,811,054 | $102,162,580 | -70% |
| Funding directed to different packages | $82,413,516 | $95,311,738 | 16% |
| GiveWell’s operations | $14,166,724 | $18,831,517 | 33% |
| Complete | $439,391,294 | $216,305,835 | -51% |
We directed about $139 million much less in 2023 than we raised in 2023. We wrote about our new strategy to fiscal planning on this weblog publish, which explains GiveWell’s strategy to creating cost-effective grants in a context the place the quantity of funds we increase every year varies.
Of the funds we directed to organizations and packages in 2023, 52% went to our 4 High Charities, with $32 million (16%) going to In opposition to Malaria Basis for insecticide-treated nets to stop malaria, $27 million (14%) to Malaria Consortium for its seasonal malaria chemoprevention program (SMC), $25 million (13%) to New Incentives for its program of conditional money transfers to advertise immunization (CCTs), and $18 million (9%) to Helen Keller Worldwide for its vitamin A supplementation program (VAS).
GiveWell directed greater than $95 million (48% of funding directed to organizations and packages) to organizations and packages aside from our High Charities. This contains grants to incubate newer packages, promote coverage change, fund related analysis, or help different probably high-impact cost-effective initiatives that don’t match neat categorization; it additionally contains roughly $7 million directed to former High Charities.
Beneath is an inventory of the organizations and packages to which GiveWell directed funds throughout metrics yr 2023, together with each funding we allotted and funding designated by donors for particular organizations.
| Funds Directed | ||
|---|---|---|
| Group + Program | Complete | % |
| Proof Motion – in-line chlorination in India | $39,833,510 | 20% |
| In opposition to Malaria Basis – insecticide-treated nets (High Charity) | $32,323,614 | 16% |
| Malaria Consortium – seasonal malaria chemoprevention (High Charity) | $27,155,899 | 14% |
| New Incentives – CCTs for immunization (High Charity) | $24,748,486 | 13% |
| Helen Keller Worldwide – vitamin A supplementation (High Charity) | $17,934,581 | 9% |
| Clinton Well being Entry Initiative – oral rehydration resolution/zinc distribution | $7,773,651 | 4% |
| Worldwide Rescue Committee – acute malnutrition therapy | $7,485,323 | 4% |
| Proof Motion – secure water scoping | $6,389,043 | 3% |
| Vitamin Worldwide – vitamin A supplementation | $5,977,851 | 3% |
| Sightsavers – Deworming | $5,772,073 | 3% |
| IRD World – organizational improvement help | $5,399,805 | 3% |
| Suvita – SMS and ambassadors for immunization | $3,305,079 | 2% |
| IRD World – extension of mCCT & EIR | $2,712,552 | 1% |
| PATH – examine of perennial malaria chemoprevention + RTS,S vaccine | $1,591,687 | 1% |
| Unlimit Well being – Deworming | $1,495,745 | 1% |
| Malaria Consortium – codelivery of VAS & SMC | $1,440,000 | 1% |
| College of Chicago – water high quality analysis | $895,999 | 0% |
| PATH – bridge grant for malaria vaccine technical help | $838,000 | 0% |
| College of California, Berkeley – analysis seed funding | $787,500 | 0% |
| Malengo – migration scholarship program | $750,000 | 0% |
| IRD World – zero TB program exit | $736,000 | 0% |
| Precision Growth (PxD) – agricultural schooling | $700,000 | 0% |
| MiracleFeet – monitoring of clubfoot program | $596,000 | 0% |
| Household Empowerment Media – household planning radio messaging | $500,000 | 0% |
| One Acre Fund – top-up for randomized managed trial | $185,199 | 0% |
| Proof Motion – iron and folic acid supplementation protection surveys | $97,000 | 0% |
| Dimagi – scoping for CommCare Join | $49,722 | 0% |
| Grand Complete | $197,474,318 | 100% |
We’re very grateful for the donations that supported these packages in 2023. For extra info on our 2023 funds raised, funds directed, operational bills, and donor metrics, see our full metrics report.
