Golden Rule Services Inc

Analysis

Golden Rule Services Inc is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in April 1996, 30 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 August 2023, Golden Rule Services Inc reported income of $5.6m and spending of $5.8m, spending 103% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $5.3m to $5.6m (+5.0%), an average of +1.6% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Rule Services Inc 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 Iowa City Hospice Inc ($5.6m), Senior Citizens Council ($5.6m) and Goodworks Inc ($5.6m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $209k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $919k against liabilities of $69k, net assets of $850k. It reported 49 employees.