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Good News to the Nations Inc

RegisteredEIN 72-1497356Dacula, GAReligion
Income$532k2023-12
Spending$522ksame year
Spent / received106%5-year average
Size in its cause84th pctReligion
Exempt since2002Publicly supported organisat
Employees3latest return

Analysis

Good News to the Nations Inc is a registered charity in United States, based in Dacula, GA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 News to the Nations Inc reported income of $532k and spending of $522k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $532k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good News to the Nations Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include A Storehouse for Jesus ($532k), The Islamic Center of Washington ($532k) and Mobile Hope ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $163k (31% of expenses). At year end it held assets of $453k against liabilities of $0, net assets of $453k. It reported 3 employees.

Income and spending

$0$148k$295k$443k$591k2019 Income: $491,6042019 Spending: $590,62820192020 Income: $385,8442020 Spending: $442,49920202021 Income: $478,0292021 Spending: $471,40120212022 Income: $487,1622022 Spending: $481,27020222023 Income: $531,8262023 Spending: $522,4452023
IncomeSpending

Where the income comes from

  • Contributions & grants 64%
  • Program services 35%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
A Storehouse for JesusMocksville$532k
The Islamic Center of WashingtonSeattle$532k
Mobile HopeCorcoran$532k
Idaho Regular Baptist Bible Camp IncMcCall$532k