Good Shepherd Foundation Inc

Analysis

Good Shepherd Foundation Inc is a registered charity in United States, based in Rushford, MN. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 2023, Good Shepherd Foundation Inc reported income of $54k and spending of $99k, spending 182% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $93k to $54k (-41%), an average of -12% a year. The sharpest change came in the year to September 2021, when income dropped by 37%. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepherd Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Center for Micro-Entrepreneurial Training Inc ($54k), Faith Christian Ministries Inc ($54k) and PTA California Congress of Parents Teachers & Students Inc ($54k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.1m against liabilities of $21k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.