Golden Services

Analysis

Golden Services is a registered charity in United States, based in Belleville, MI. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Golden Services reported income of $111k and spending of $94k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $111k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Services sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Tzedakah Tatzeel Memoves ($111k), Operation Heart Felt Foundation LLC ($111k) and LGBTQ Center Lake County ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.