Goodway Cares

Analysis

Goodway Cares is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Goodway Cares reported income of $127k and spending of $136k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $127k (-1.9%), an average of -1.9% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Goodway Cares sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Camp Cambria Foundation ($127k), Sussex Educational Foundation Inc ($127k) and Arco Murray Charitable Corporation ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.