Good Fellows Club Inc

Analysis

Good Fellows Club Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 1938, 88 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Good Fellows Club Inc reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $1.7m (+45%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Good Fellows Club Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Federation of International Lacrosse ($1.7m), Kentucky Youth Soccer Association Inc ($1.7m) and Houston Juniors VBC ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $170k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 3 employees.