Good Counsel Charitable TR

Analysis

Good Counsel Charitable TR is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Counsel Charitable TR reported income of $342k and spending of $1.1m, spending 327% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $342k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 201% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good Counsel Charitable TR sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include New Life II Teaching You Another Way Ministries ($342k), Holy Fire Dynamic Word International Church Inc ($342k) and Give God the Glory Inc ($342k).

At year end it held assets of $6.1m against liabilities of $341k, net assets of $5.8m.