Goodness Outreach Depot

Analysis

Goodness Outreach Depot is a registered charity in United States, based in Haslet, TX. It received its IRS tax-exemption ruling in September 2003, 23 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 December 2023, Goodness Outreach Depot reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $5.6m (+1576%), an average of +102% a year. The sharpest change came in the year to December 2020, when income rose by 8087%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodness Outreach Depot sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Sunrisearc Inc ($5.6m), Westside Community Focus Inc ($5.6m) and Ion Center for Violence Prevention Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. Other salaries and wages came to $333k. At year end it held assets of $264k against liabilities of $456k, net assets of -$192k. It reported 9 employees.