Act of Goodwill Inc

Analysis

Act of Goodwill Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in March 2014, 12 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, Act of Goodwill Inc reported income of $199k and spending of $195k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $278k to $199k (-29%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 604%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Act of Goodwill Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Ortega Trail Youth Center Inc ($199k), Bridge Agency Inc ($199k) and Prepared to Thrive ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.