Good Stuff

Analysis

Good Stuff is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Stuff reported income of $170k and spending of $136k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $13k to $170k (+1185%), an average of +258% a year. The sharpest change came in the year to December 2022, when income rose by 778%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Good Stuff sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($170k), Community of Hope Inc ($170k) and Center for Educational Leadership ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. At year end it held assets of $71k against liabilities of $5,352, net assets of $65k.