Golden Good Shepherd Home

Analysis

Golden Good Shepherd Home is a registered charity in United States, based in Golden, IL. It received its IRS tax-exemption ruling in May 1964, 62 years ago. 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 October 2023, Golden Good Shepherd Home reported income of $4.2m and spending of $3.6m, spending 85% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.0m to $4.2m (+41%), an average of +8.9% a year. The sharpest change came in the year to October 2023, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Good Shepherd Home sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include New Orleans Culinary and Hospitality Institute Inc ($4.2m), Sigma XI the Scientific Research Honor Society Inc ($4.2m) and New Jersey Coalition to End Domestic Violence Inc ($4.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 4.6% and program service revenue 73% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.9m against liabilities of $230k, net assets of $2.7m. It reported 87 employees.