Goodwill Industries Foundation of Greater Nebraska Inc

Analysis

Goodwill Industries Foundation of Greater Nebraska Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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, Goodwill Industries Foundation of Greater Nebraska Inc reported income of $282k and spending of $111k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $310k to $282k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodwill Industries Foundation of Greater Nebraska Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include The Jeremiah Project Inc ($282k), Community Hospital Health Services Foundation ($282k) and Wisconsin Law Foundation Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. Other salaries and wages came to $47k. At year end it held assets of $3.8m against liabilities of $84k, net assets of $3.7m.