Goodness Gracious Ministries Inc

Analysis

Goodness Gracious Ministries Inc is a registered charity in United States, based in Boulder City, NV. It received its IRS tax-exemption ruling in February 2016, 10 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, Goodness Gracious Ministries Inc reported income of $139k and spending of $129k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $139k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodness Gracious Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within NV. Charities of a similar size with the same main cause include Tacoma Adventist Community Services ($139k), Mississippi Public Transit Association Inc ($139k) and Greenbrier Better Living Center Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.