The Good Tidings Foundation

Analysis

The Good Tidings Foundation is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Tidings Foundation reported income of $1.8m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Good Tidings Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include East Bay Food Pantry ($1.8m), Living Pono Project ($1.8m) and Willing Hands Enterprises ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $155k (9.5% of expenses). Other salaries and wages came to $49k. At year end it held assets of $13.4m against liabilities of $618k, net assets of $12.7m. It reported 5 employees.