Goodwill Keystone Area

Analysis

Goodwill Keystone Area is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in April 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Goodwill Keystone Area reported income of $84.7m and spending of $72.8m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $52.4m to $84.7m (+62%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Keystone Area 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 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include MDRC ($83.9m), The Bridgespan Group Inc ($84.8m) and Society of Manufacturing Engineers ($83.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $36.6m. At year end it held assets of $110.0m against liabilities of $33.9m, net assets of $76.1m. It reported 3,026 employees.