Goodwill Commercial Services Inc

Analysis

Goodwill Commercial Services Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1996, 30 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 Commercial Services Inc reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $4.1m (-2.5%), an average of -0.6% a year. 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 Commercial 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 Youth Action Project ($4.1m), Twin Cities Rise ($4.1m) and Belco Works 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 $353k against liabilities of $165k, net assets of $187k. It reported 61 employees.