Do Good Bus

Analysis

Do Good Bus is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Do Good Bus reported income of $117k and spending of $108k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $117k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 162% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Do Good Bus sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Friends of the City Market ($116k), Franklin Alumni Association & Foundation ($117k) and Big Brother-Big Sister Foundation ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $4,000 (3.7% of expenses). At year end it held assets of $64k against liabilities of $377k, net assets of -$313k. It reported 1 employees.