Good News Mountaineer Garage

Analysis

Good News Mountaineer Garage is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in October 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 June 2023, Good News Mountaineer Garage reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.7m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good News Mountaineer Garage sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WV. Charities of a similar size with the same main cause include Alliance of Coalitions for Healthy Communities ($2.7m), Starfish Project Incorporated ($2.7m) and Connecticut Harm Reduction Alliance Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $92k (3.4% of expenses). Other salaries and wages came to $360k. At year end it held assets of $1.7m against liabilities of $394k, net assets of $1.3m. It reported 9 employees.