Good News to Mexico Inc

Analysis

Good News to Mexico Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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, Good News to Mexico Inc reported income of $70k and spending of $69k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $70k (-5.0%), an average of -5.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good News to Mexico Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KS. Charities of a similar size with the same main cause include Rags for Riches Foundation ($70k), Oklahoma Society of Certified Public Accountants Educational FDN ($70k) and Airbenders Booster Club ($70k).

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 $25k against liabilities of $3,775, net assets of $21k.