Dearborn Goodfellows Inc

Analysis

Dearborn Goodfellows Inc is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 March 2024, Dearborn Goodfellows Inc reported income of $330k and spending of $102k, leaving 69% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $57k to $330k (+480%), an average of +55% a year. The sharpest change came in the year to March 2021, when income rose by 409%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dearborn Goodfellows Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Boosters Club of Canal Winchester Inc ($330k), Water Walkers ($330k) and Bayou Vista Volunteer Firefighters Association ($330k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.