Good News for the Crescent World

Analysis

Good News for the Crescent World is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in July 1988, 38 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 News for the Crescent World reported income of $52k and spending of $48k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $52k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good News for the Crescent World sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Patrioits and Heroes Outdoors ($52k), PTA California Congress of Parents Teachers & Students Inc ($52k) and Iowa Bible Camp ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $22k against liabilities of $511, net assets of $22k.