Goods for Good

Analysis

Goods for Good is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Goods for Good reported income of $305k and spending of $225k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $266k to $305k (+14%), an average of +14% a year. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Goods for Good sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Greenwood Cemetery Association Corp ($305k), Caring & Sharing of Walton County Inc ($305k) and Dripping Springs Community Foundation ($305k).

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 $169k against liabilities of $13k, net assets of $155k.