Worthy Goal Foundation Inc

Analysis

Worthy Goal Foundation Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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, Worthy Goal Foundation Inc reported income of $68k and spending of $22k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $68k (+324%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 231%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worthy Goal Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include The Amherst Life Savings and First Aid Crew Incorporated ($68k), Little League Baseball Inc ($68k) and Southwestern Entomoligical Society ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $576k against liabilities of $0, net assets of $576k.