Golden Plains Inc

Analysis

Golden Plains Inc is a registered charity in United States, based in Akron, CO. It received its IRS tax-exemption ruling in July 1984, 42 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 2020, Golden Plains Inc reported income of $50k and spending of $46k, spending 91% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $37k to $50k (+36%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Plains Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within CO. Charities of a similar size with the same main cause include Hudson Community Service Association ($50k), GFWC Century Club ($50k) and San Marcos Community Foundation ($50k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 13% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.