Good Ole Boy Foundation Inc

Analysis

Good Ole Boy Foundation Inc is a registered charity in United States, based in Millsboro, DE. It received its IRS tax-exemption ruling in November 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, Good Ole Boy Foundation Inc reported income of $252k and spending of $262k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $291k to $252k (-13%), an average of -13% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Ole Boy Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 53rd percentile within DE. Charities of a similar size with the same main cause include Marquette Manor Foundation ($252k), Marketplace of Ideas-Marketplace for Kids Inc ($253k) and Silver Horizon New Mexico Inc ($252k).

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 $132k against liabilities of $0, net assets of $132k.