Goodly Institute

Analysis

Goodly Institute is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2015, 11 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 (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, Goodly Institute reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $250k to $1.4m (+445%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 3414%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodly Institute sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Childrens House International ($1.4m), Interfaith Homes of Longmeadow Inc ($1.4m) and Riverdale Soccer Club ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $224k (19% of expenses). At year end it held assets of $861k against liabilities of $574, net assets of $860k. It reported 2 employees.