Good-Well Giving Group Inc

Analysis

Good-Well Giving Group Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Good-Well Giving Group Inc reported income of $85k and spending of $82k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $85k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Good-Well Giving Group Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Van Lang Vietnamese Nonprofit School ($85k), Klein Support Groups Inc ($85k) and Brentwood Rotary Community Fund ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,111 against liabilities of $0, net assets of $3,111.