Golden Girl Inc

Analysis

Golden Girl Inc is a registered charity in United States, based in Ceredo, WV. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Golden Girl Inc reported income of $3.5m and spending of $3.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Girl Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Magnolia Specialized Services Inc ($3.5m), Cabell - Huntington Coalition for the Homeless Inc ($3.5m) and DLCCC Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $118k (3.3% of expenses). Other salaries and wages came to $1.9m. It paid $32k in professional fundraising fees. At year end it held assets of $5.0m against liabilities of $994k, net assets of $4.0m. It reported 71 employees.