Goodwill of North Georgia Inc

Analysis

Goodwill of North Georgia Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2023, Goodwill of North Georgia Inc reported income of $179.6m and spending of $172.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $152.9m to $179.6m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill of North Georgia Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Goodwill Industries of South Florida Inc ($178.1m), Goodwill Legacy Group Inc ($181.6m) and Goodwill of Colorado ($173.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $2.6m (1.5% of expenses). Other salaries and wages came to $79.7m. At year end it held assets of $321.5m against liabilities of $150.5m, net assets of $171.0m. It reported 5,878 employees.