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Together for Good

RegisteredEIN 41-1794220Saint Paul, MNPoverty relief
Income$1.5m2023-12
Spending$1.4msame year
Spent / received71%5-year average
Size in its cause80th pctPoverty relief
Exempt since1995Publicly supported organisat
Employees26latest return

Analysis

Together for Good is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Together for Good reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $1.5m (+207%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Together for Good sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Glenridge Charitable Foundation Inc ($1.5m), Morgantown Re-Uzit Shoppe ($1.5m) and Hancock County Agricultural Society ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $148k (10% of expenses). Other salaries and wages came to $745k. At year end it held assets of $1.9m against liabilities of $2,799, net assets of $1.9m. It reported 26 employees.

Income and spending

$0$507k$1.0m$1.5m$2.0m2019 Income: $485,8702019 Spending: $374,18720192020 Income: $766,1782020 Spending: $455,66220202021 Income: $994,4132021 Spending: $686,43020212022 Income: $2,027,6362022 Spending: $1,184,17220222023 Income: $1,491,6982023 Spending: $1,417,1802023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Other 14%

Similar-sized charities, same cause

CharityLocationIncome
Glenridge Charitable Foundation IncSarasota$1.5m
Morgantown Re-Uzit ShoppeMorgantown$1.5m
Hancock County Agricultural SocietyFindlay$1.5m
Young Mens Christian Association of Lawton OklahomaLawton$1.5m