Good Shepherd Geriatric Center Inc

Analysis

Good Shepherd Geriatric Center Inc is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in September 1963, 63 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Good Shepherd Geriatric Center Inc reported income of $19.9m and spending of $19.9m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.8m to $19.9m (+5.9%), an average of +1.4% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Shepherd Geriatric Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Texas Heart Medical Group ($19.9m), Vna Care Management Resources Inc ($19.9m) and St Vincent Clay Hospital Inc ($19.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $455k (2.3% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $50.6m against liabilities of $1.8m, net assets of $48.8m. It reported 396 employees.