Good Grief Inc

Analysis

Good Grief Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Grief Inc reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Grief Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Mon Valley Community Health Services Inc ($1.7m), Jay County Drug Prevention Coalition ($1.7m) and Patient Centered Primary Care Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $125k (6.6% of expenses). Other salaries and wages came to $732k. At year end it held assets of $4.3m against liabilities of $1.9m, net assets of $2.4m. It reported 37 employees.