Good News Clinics Inc

Analysis

Good News Clinics Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Good News Clinics Inc reported income of $5.2m and spending of $2.5m, leaving 52% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $5.2m (+194%), an average of +31% a year. The sharpest change came in the year to September 2022, when income rose by 191%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good News Clinics Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Minnesota Brain Injury Alliance ($5.2m), Care 4 U Management ($5.2m) and Cooperstown Medical Center ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $147k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $14.1m against liabilities of $906k, net assets of $13.1m. It reported 38 employees.