Good Tidings Trust Inc

Analysis

Good Tidings Trust Inc is a registered charity in United States, based in Green Cove Spring, FL. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Tidings Trust Inc reported income of $792k and spending of $794k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $679k to $792k (+17%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Good Tidings Trust Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Kid Stock Inc ($791k), Mariposa County Arts Council Inc ($792k) and Northwest Arkansas Communitycreative Center ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $129k (16% of expenses). Other salaries and wages came to $213k. At year end it held assets of $1.6m against liabilities of $276k, net assets of $1.3m. It reported 8 employees.