Our Greater Good Inc

Analysis

Our Greater Good Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Our Greater Good Inc reported income of $171k and spending of $227k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $171k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Our Greater Good Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Smart Coast California ($171k), Community Enrichment for Klickitat County ($171k) and Sonoma County Economic Development Board Foundation ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $103k (45% of expenses). Other salaries and wages came to $79k. At year end it held assets of $132k against liabilities of $4,909, net assets of $127k. It reported 3 employees.