Goodwill Industries Kinney Apartments Inc

Analysis

Goodwill Industries Kinney Apartments Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Goodwill Industries Kinney Apartments Inc reported income of $82k and spending of $89k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $82k (-0.2%), an average of -0.2% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Goodwill Industries Kinney Apartments Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Missionary Retreat Fellowship ($82k), Kahookamamalu Inc ($82k) and Kingman Housing Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $248k against liabilities of $359k, net assets of -$111k.