Good Street Inc

Analysis

Good Street Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Good Street Inc reported income of $394k and spending of $442k, spending 112% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $521k to $394k (-24%), an average of -8.9% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Street Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Black Diamond Community Center Association ($394k), Imara International ($394k) and Lee County Senior Apartments Inc ($394k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $341k. At year end it held assets of $146k against liabilities of $139k, net assets of $6,868. It reported 2 employees.