Goodness United Inc

Analysis

Goodness United Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in January 2021, 5 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, Goodness United Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. The sharpest change came in the year to December 2022, when income rose by 402%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodness United Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Agape Center Corporation ($1.5m), Spectrum ($1.5m) and Baker School Cooperative Kindergarten Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $593k. At year end it held assets of $286k against liabilities of $5,803, net assets of $280k.