Good Courage Farm

Analysis

Good Courage Farm is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Courage Farm reported income of $119k and spending of $120k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $119k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good Courage Farm sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Christians for World Peace ($119k), Jim Earl Swilley Ministries Inc ($119k) and True North Ministries Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.