Good Life Community Development

Analysis

Good Life Community Development is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 2020, 6 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, Good Life Community Development reported income of $112k and spending of $101k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $112k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Life Community Development sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NE. Charities of a similar size with the same main cause include Family Promise of Pinellas County ($112k), Sufficient Grace ($112k) and Mad River Valley Interfaith Council Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $57k. At year end it held assets of $38k against liabilities of $175, net assets of $38k. It reported 1 employees.