Good Cheer Society Inc

Analysis

Good Cheer Society Inc is a registered charity in United States, based in Merrimack, NH. It received its IRS tax-exemption ruling in October 1953, 73 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Good Cheer Society Inc reported income of $172k and spending of $213k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $311k to $172k (-45%), an average of -14% a year. The sharpest change came in the year to September 2021, when income rose by 205%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Cheer Society Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Live Like Madison Inc ($172k), Sports Neuropsychology Society Inc ($172k) and Rural Addiction Prevention ($172k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.