Good News Ministries Inc

Analysis

Good News Ministries Inc is a registered charity in United States, based in Gerber, CA. It received its IRS tax-exemption ruling in June 1994, 32 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 News Ministries Inc reported income of $74k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $74k (-13%), an average of -13% a year. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good News Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Freedom House Ministry Inc ($74k), Friends of Chabad of Hanover Germany ($74k) and Restoration Ministry in Ukraine Incorperated ($74k).

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 $59k against liabilities of $0, net assets of $59k.