Kentucky · Nonprofit
GOOD NEWS SHELTER CORPORATION
GOOD NEWS SHELTER CORPORATION (Kentucky) receives grants from 13 organizations whose IRS filings report $939,627 to it, the largest being THE COMMUNITY FOUNDATION OF LOUISVILLE INC ($399,761). 9 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $585k
- Funders on record
- 13
- Grants received
- $940k
- Net assets
- $2.2M
What Good News Shelter Corporation does
Mission
Good news homes is a faith-based organization that exists to help displaced or at-risk families, especially those who are underserved, find housing and/or related resources that can help them become or stay self-sufficient.
As stated on its FY2024 Form 990.
Programs
Provided transitional housing & supportive services to families through the bedford, lagrange, 110 anchor ave, and anchor apartments (49 adults, 41 children); provided permanent housing to 2 families through rosehaven ii & waino house (3 adults, 3 children); provided 314 families (384 adults and 250 children) with referrals, rental assistance, counseling, and advocasy.
$127,569 spentof which $33,156 as grants$65,343 earned by the program49% of program spendingMaintain four apartment buildings, a single family home (sold), and one duplex - including utilities, repairs, and insurance on all properties
$88,996 spent34% of program spendingDepreciation expense related to housing.
$42,203 spent16% of program spendingGrants to other organizations
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $258,768.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.9M to $2.7M (+39%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 4%. Grants only. Government contracts and fees sit inside program revenue.
53% of GOOD NEWS SHELTER CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Stephanie Skeens
Executive director
Board chair
Tom Grace
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $40k → $95k.
5 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of GOOD NEWS SHELTER CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GOOD NEWS SHELTER CORPORATION leans on a few funders — its largest provides 43% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GOOD NEWS SHELTER CORPORATION.
Largest funder’s share by year: 2017 38% · 2018 42% · 2019 35% · 2020 33% · 2021 69% · 2022 67% · 2023 64% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
86% of GOOD NEWS SHELTER CORPORATION's funders are still giving 3 years after their first grant; 69% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
73% of GOOD NEWS SHELTER CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $252k that is directly attributable, 64% of it comes from Kentucky funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $688k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GOOD NEWS SHELTER CORPORATION runs a healthier operating margin than three-quarters of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Organizations like GOOD NEWS SHELTER CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
56%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for GOOD NEWS SHELTER CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GOOD NEWS SHELTER CORPORATION?
- GOOD NEWS SHELTER CORPORATION (Kentucky) receives grants from 13 organizations whose IRS filings report $939,627 to it, the largest being THE COMMUNITY FOUNDATION OF LOUISVILLE INC ($399,761). 9 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GOOD NEWS SHELTER CORPORATION have?
- IRS filings report 13 organizations giving $939,627 in grants to GOOD NEWS SHELTER CORPORATION, 9 of which have funded it in more than one year.
- Who is the largest funder of GOOD NEWS SHELTER CORPORATION?
- THE COMMUNITY FOUNDATION OF LOUISVILLE INC is the largest funder on record, with $399,761 in grants. The full list of funders is on this page.
- How can an organization like GOOD NEWS SHELTER CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing