Goodwill Contract Services Hawaii Inc

Analysis

Goodwill Contract Services Hawaii Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Contract Services Hawaii Inc reported income of $2.7m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.7m (-19%), an average of -5.1% a year. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Contract Services Hawaii Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within HI. Charities of a similar size with the same main cause include Allegheny County Parks Foundation Inc ($2.7m), Indianapolis Eastside Revitalization Corporation ($2.7m) and Denver Electrical Joint Apprenticeship and Training Commit ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.8m against liabilities of $211k, net assets of $2.6m. It reported 42 employees.