Good News Evangelistic Fellowship Inc

Analysis

Good News Evangelistic Fellowship Inc is a registered charity in United States, based in Westville, OK. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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 Evangelistic Fellowship Inc reported income of $204k and spending of $219k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $238k to $204k (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good News Evangelistic Fellowship Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Winters Friends of the Library ($204k), Kingwood Dance Theatre ($204k) and Lopez Island Historical Society ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). At year end it held assets of $197k against liabilities of $0, net assets of $197k. It reported 2 employees.