Good Karma Garage

Analysis

Good Karma Garage is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in September 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, Good Karma Garage reported income of $133k and spending of $136k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $133k (+41%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 41%. 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 Karma Garage sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Bhutanese Community Association of Akron Inc ($133k), Cannon Falls Food Shelf Inc ($133k) and Heartland Childrens Foundation ($132k).

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 $29k against liabilities of $0, net assets of $29k.