Golden Rule Services Inc

Analysis

Golden Rule Services Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Golden Rule Services Inc reported income of $376k and spending of $437k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $203k to $376k (+85%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Rule Services 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 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Catholic Worker Hospitality House ($376k), Lettum Eat Inc ($376k) and Mathieu International Foundation Corp ($376k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $123k. At year end it held assets of $133k against liabilities of $27k, net assets of $106k. It reported 11 employees.