Good News Kenya Inc

Analysis

Good News Kenya Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 News Kenya Inc reported income of $203k and spending of $169k, spending 83% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $89k to $203k (+129%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 87%. 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 Kenya Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Spirit & Word Ministries Inc ($203k), Rawtools Inc ($203k) and Eshdtf ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $27k (16% of expenses). At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 1 employees.