Goodfellows Club of Owensboro Kentucky Inc

Analysis

Goodfellows Club of Owensboro Kentucky Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Goodfellows Club of Owensboro Kentucky Inc reported income of $394k and spending of $352k, spending 90% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $206k to $394k (+91%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodfellows Club of Owensboro Kentucky Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Forever Young Child Care Centers ($394k), Mitchell Hospice House ($394k) and Abba Womens Center Inc ($394k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $676k against liabilities of $0, net assets of $676k.