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Good News Publishers

Also known as Crossway

Wheaton, IL · EIN 36-1143987 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Good News Publishers reported $62.2 million in revenue and $51.9 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $87.28 went to program services, $11.94 to management and general costs and $0.78 to fundraising. Its largest source of revenue was contributions and grants: 2.3% of the total. The highest compensation it reported for one person was $502,091 (Chairman of the Board, President, CEO). 44 people received more than $100,000 in reportable compensation. Revenue rose 193% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $52M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $62M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.3%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
11.9%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.28$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.3%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.1%58.9%
Highest reported compensation
Part VII-A, columns D–F
$502,091$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.97%1.38%
People paid over $100,000
Part VII, line 2
446
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.86.8
Independent voting board members
Part VI 1a–1b
5 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$29M expenses · 65.0% of program spending · grants $196K · revenue $37M

Bible Publishing The Bible Division publishes the English Standard Version (ESV) Bible and related resources to serve the needs of the global church. The ESV is an "essentially literal" translation created by more than 100 leading evangelical scholars and pastors, emphasizing word-for-word accuracy, literary excellence, and depth of meaning. Since its first publication in 2001, hundreds of millions of copies have been distributed worldwide. In FY2025, Crossway continued to make the ESV available in a wide range of print editions and free digital formats, reaching users in nearly every…

$15M expenses · 32.9% of program spending · grants $126K · revenue $19M

Book Publishing Crossway's book division, launched in 1979, publishes gospel-centered books in print, ebook, and audio formats, focused on proclaiming the gospel and applying God's Word to every area of life. Recent authors include Paul David Tripp, Kevin DeYoung, Dane Ortlund, Nancy Guthrie, Lydia Brownback, Jen Wilkin, John Piper, Kent Hughes, and Joni Eareckson Tada. In addition to new releases, Crossway provides free and discounted books to ministries, supports translation projects, and partners with organizations to extend the reach of biblically faithful resources globally

$952K expenses · 2.1% of program spending · grants $77,808 · revenue $908K

Tract Publishing Founded in 1938 as Good News Publishers, Crossway began by printing evangelistic tracts and continues to distribute them worldwide to churches, ministries, and individuals engaged in gospel outreach. Digital and Global Ministry Initiatives Crossway invests in digital publishing to expand access to Scripture and gospel-centered resources. The ESV Bible was among the first modern translations released simultaneously in print and digital formats, and today it is freely available online and through mobile apps. Crossway also undertakes major global distribution projects, such as…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chairman of the Board, President, CEO
Director/trustee, officer, 40.0 hrs/week
$455,580$0$46,511$502,091
Board Member, Chief Publishing Officer
Director/trustee, officer, 40.0 hrs/week
$293,949$0$43,792$337,741
Chief Communications Officer (part year)
Officer, 40.0 hrs/week
$289,655$0$46,092$335,747
Chief Communications Officer
Officer, 40.0 hrs/week
$275,750$0$45,643$321,393
Exec. VP Book Publishing
Officer, 40.0 hrs/week
$278,090$0$39,872$317,962
Secretary, Exec. VP Operations
Officer, 40.0 hrs/week
$263,812$0$41,400$305,212
Sr. VP Finance & Asst. Treasurer
Officer, 40.0 hrs/week
$253,688$0$33,860$287,548
Sr. VP Global Ministry
Key employee, 40.0 hrs/week
$246,788$0$39,852$286,640

44 people received more than $100,000 in reportable compensation from Good News Publishers (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$62M$52M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$62M$52M87.3%$55M$502,091
FY2024 ⓘ$44M$37M82.9%$45M$359,498
FY2023 ⓘ$31M$28M77.8%$38M$352,185
FY2022 ⓘ$31M$26M79.5%$36M$364,383
FY2021 ⓘ$29M$21M76.4%$32M$313,322
FY2020 ⓘ$21M$20M76.5%$24M$423,927

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5177
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RR Donnelley Asia Print Solutions
Printing
$29,187,948
Thomson Reuters - West
Printing
$2,305,233
Lake Book Manufacturing Inc
Printing
$1,927,979
UPS
Shipping
$1,392,875
Versa Press Inc
Printing
$1,278,175

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Good News Publishers totaling $63 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Good News Publishers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Good News Publishers, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Illinois

Questions people ask

How much of Good News Publishers's spending goes to programs?

In the fiscal year ending May 31, 2025, Good News Publishers reported that 87.3% of its $51.9 million in expenses went to program services, 11.9% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Good News Publishers pay its top executive?

The largest total compensation Good News Publishers reported for one person in the fiscal year ending May 31, 2025 was $502,091, for the role of Chairman of the Board, President, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Good News Publishers get its money?

Of $62.2 million in revenue in the fiscal year ending May 31, 2025, 2.3% came from contributions and grants and 0.1% from program service revenue (Form 990, Part VIII).

Is Good News Publishers a registered charity?

The IRS lists EIN 36-1143987 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202542819349301214 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202402899349302510 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202302799349300820 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202202839349301450 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202102779349301365 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202012869349301606 · read the filing

All filings for EIN 36-1143987: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.