Good Health Ideas Inc

Analysis

Good Health Ideas Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. 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 Health Ideas Inc reported income of $181k and spending of $270k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $181k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Health Ideas Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include New York Triathlete Association Inc ($181k), Nuremberg-Weston Volunteer Fire Company ($181k) and Mindful Living Revolution ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Compensation of current officers, directors and key employees was $70k (26% of expenses). Other salaries and wages came to $56k. At year end it held assets of $85k against liabilities of $580, net assets of $85k. It reported 2 employees.