Zanesville Welfare Org & Goodwill Industries

Analysis

Zanesville Welfare Org & Goodwill Industries is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in October 1942, 84 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 December 2023, Zanesville Welfare Org & Goodwill Industries reported income of $13.9m and spending of $12.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.7m to $13.9m (+29%), an average of +6.7% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Zanesville Welfare Org & Goodwill Industries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Community Action Partnership of Sonoma County ($13.8m), Imagine Enterprises ($13.9m) and United Association Apprenticeship & Journeymen Training Trust Fund ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $264k (2.1% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $18.5m against liabilities of $3.3m, net assets of $15.1m. It reported 865 employees.