Good News Church of Christ Holiness USA Inc

Analysis

Good News Church of Christ Holiness USA Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Good News Church of Christ Holiness USA Inc reported income of $171k and spending of $96k, leaving 44% of income unspent that year. Across the 6 years on record, from December 2017 to December 2022, income grew from $50k to $171k (+242%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good News Church of Christ Holiness USA Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Iglesia de Dios Torre Fuerte ($171k), Paula Ratchford Ministries ($171k) and Kambo Casita Inc ($171k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $58k. At year end it held assets of $727k against liabilities of $362k, net assets of $364k.