Humangood Foundation

Analysis

Humangood Foundation is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in October 1969, 57 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, Humangood Foundation reported income of $8.2m and spending of $6.5m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.2m to $8.2m (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humangood Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Comwell ($8.2m), Together Califonia Inc ($8.2m) and Manzanita Outreach ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $280k. At year end it held assets of $81.9m against liabilities of $3.8m, net assets of $78.1m. It reported 1 employees.