Good Cheer Fund of Johnson County

Analysis

Good Cheer Fund of Johnson County is a registered charity in United States, based in Franklin, IN. It received its IRS tax-exemption ruling in July 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Good Cheer Fund of Johnson County reported income of $105k and spending of $87k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $89k to $105k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Good Cheer Fund of Johnson County sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Indian River Firefighters Benevolent Association Inc ($105k), Tempe Union High Schools Education Foundation Inc ($105k) and Seven Stars Foundation Inc ($105k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.