The Good Information Foundation

Analysis

The Good Information Foundation is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Good Information Foundation reported income of $1.9m and spending of $369k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $538k to $1.9m (+260%), an average of +260% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 33% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Good Information Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Charles B Goddard Center for Visual and Performing Arts Inc ($1.9m), Friends of Katahdin Woods and Waters ($1.9m) and Im Ready Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $25k, net assets of $1.8m.