Livonia Goodfellows Inc

Analysis

Livonia Goodfellows Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in October 1956, 70 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Livonia Goodfellows Inc reported income of $119k and spending of $138k, spending 116% of what it took in. Across the 3 years on record, from September 2021 to September 2024, income fell from $201k to $119k (-41%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Livonia Goodfellows Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Salaam Club Foundation ($119k), White Bear Lake Basketball Association ($119k) and South Mountain Lodge Bnai Brith SEN Ior Citizen Building Corp ($119k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.