Good Ground Good Life Inc

Analysis

Good Ground Good Life Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2001, 25 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, Good Ground Good Life Inc reported income of $51k and spending of $55k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $10k to $51k (+406%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Ground Good Life Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 10th percentile within DC. Charities of a similar size with the same main cause include Run to Remember Los Angeles ($51k), Loyalsock Valley Antique Machinery Association Inc ($51k) and Corpus Christi Cross Inc ($51k).

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 $1 against liabilities of $0, net assets of $1.