Good News for the Nations

Analysis

Good News for the Nations is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in October 1996, 30 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 for the Nations reported income of $132k and spending of $112k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $132k (-6.0%), an average of -6.0% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good News for the Nations 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 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Choose Different Media ($132k), Robins Nest Ministry ($132k) and Missionaries of Prayer ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.