Good News in Action Inc

Analysis

Good News in Action Inc is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 in Action Inc reported income of $5.4m and spending of $4.9m, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $28.9m to $5.4m (-81%), an average of -43% a year. The sharpest change came in the year to December 2021, when income dropped by 68%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Good News in Action Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Mojaloop Foundation Inc ($5.4m), Scholars at Risk Inc ($5.4m) and Hucus Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Other salaries and wages came to $484k. At year end it held assets of $1.5m against liabilities of $20k, net assets of $1.5m. It reported 22 employees.