South Whidbey Good Cheer Inc

Analysis

South Whidbey Good Cheer Inc is a registered charity in United States, based in Langley, WA. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover food, agriculture and nutrition, 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, South Whidbey Good Cheer Inc reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Whidbey Good Cheer Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Amazon Hope ($1.6m), Mbolden Change ($1.6m) and Waterleaf Womens Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $771k. At year end it held assets of $3.5m against liabilities of $36k, net assets of $3.5m. It reported 42 employees.