4 Good Community Inc

Analysis

4 Good Community Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 4 Good Community Inc reported income of $59.2m and spending of $55.7m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $59.2m (+25607%), an average of +536% a year. The sharpest change came in the year to December 2021, when income rose by 2829%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 4 Good Community Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KY. Charities of a similar size with the same main cause include Colorado Cattlemens Agricultural Land Trust ($59.1m), Community Renewal Team Inc ($59.3m) and Sunnyside Presbyterian Home ($59.1m).

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 $275k. At year end it held assets of $6.3m against liabilities of $2,096, net assets of $6.3m.