Go Far

Analysis

Go Far is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Go Far reported income of $317k and spending of $242k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $317k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Go Far sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Bridge Ministry of Acadiana ($317k), Sheriffs Youth Foundation of Los Angeles County ($317k) and Authoring Action ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $90k. At year end it held assets of $334k against liabilities of $11k, net assets of $324k. It reported 3 employees.