Good Shepherd Mission Inc

Analysis

Good Shepherd Mission Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in March 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Shepherd Mission Inc reported income of $313k and spending of $375k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $313k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Shepherd Mission Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include The Set Me Free Project ($313k), Community Life Bridge Inc ($313k) and Doves Nest ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (23% of expenses). Other salaries and wages came to $54k. At year end it held assets of $272k against liabilities of -$2,539, net assets of $275k. It reported 8 employees.