Goodwill Services Inc

Analysis

Goodwill Services Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in May 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 Services Inc reported income of $4.1m and spending of $3.9m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.7m to $4.1m (-13%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Mm&p Maritime Advancement Training Ed & Safety Program ($4.1m), Safety Blitz Foundation Inc ($4.1m) and North American Association of Central Cancer Registries Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $1.4m against liabilities of $670k, net assets of $702k.