Good Works Inc

Analysis

Good Works Inc is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Good Works Inc reported income of $1.3m and spending of $709k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $719k to $1.3m (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Good Works Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Masonic Home of Montana ($1.3m), Habitat for Humanity International Inc ($1.3m) and Presbyterian Homes of Decatur Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $350k. At year end it held assets of $3.1m against liabilities of $7,572, net assets of $3.1m. It reported 19 employees.