Goodwill Industries of Madison Special Living Arrangements Inc

Analysis

Goodwill Industries of Madison Special Living Arrangements Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of Madison Special Living Arrangements Inc reported income of $410k and spending of $415k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $410k (+8.4%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Industries of Madison Special Living Arrangements Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Educational Farm at Joppa Hill ($410k), Lubick Foundation ($410k) and Kids First Family Services ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. At year end it held assets of $778k against liabilities of $1.1m, net assets of -$274k.