For Goodness Cakes

Analysis

For Goodness Cakes is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, For Goodness Cakes reported income of $641k and spending of $600k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $478k to $641k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, For Goodness Cakes sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Fob Hope ($641k), Horsepower Inc ($641k) and Taylor County Senior Citizens Center ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.