Good Bourbon for a Good Cause

Analysis

Good Bourbon for a Good Cause is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2019, 7 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, Good Bourbon for a Good Cause reported income of $178k and spending of $206k, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $412k to $178k (-57%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Good Bourbon for a Good Cause sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Residuary Trust Under Will of H Ogden Brainard DTD 072590 ($178k), Sid Weber Memorial Cancer Fund ($178k) and Marie a Russo Neighborhood Center Institute Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $162k against liabilities of $2,404, net assets of $160k.