Good News for India - Texas

Analysis

Good News for India - Texas is a registered charity in United States, based in LA Verne, CA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good News for India - Texas reported income of $2.6m and spending of $1.8m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.6m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good News for India - Texas sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Sasc Inc ($2.6m), Care Camps Foundation ($2.6m) and Antonine Village ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $60k (3.3% of expenses). At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.