Goodie Two Shoes Foundation

Analysis

Goodie Two Shoes Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Goodie Two Shoes Foundation reported income of $2.6m and spending of $1.1m, leaving 59% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $563k to $2.6m (+358%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 203%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Goodie Two Shoes Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include LS Classic Foundation ($2.6m), The West Marin Fund ($2.6m) and Virginia Community Foundation ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $283k (27% of expenses). Other salaries and wages came to $156k. At year end it held assets of $6.3m against liabilities of $4,418, net assets of $6.3m. It reported 6 employees.