Good News Center Inc

Analysis

Good News Center Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in October 2014, 12 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 2022, Good News Center Inc reported income of $915k and spending of $802k, spending 88% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $368k to $915k (+148%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 71% 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 Center 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 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Trustafrica ($915k), Viet Toc Foundation Inc ($915k) and Turquoise Mountain Foundation ($913k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $787k against liabilities of $45, net assets of $787k. It reported 1 employees.