Mers Missouri Goodwill Industries

Analysis

Mers Missouri Goodwill Industries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1938, 88 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 2022, Mers Missouri Goodwill Industries reported income of $224.4m and spending of $212.6m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $188.8m to $224.4m (+19%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mers Missouri Goodwill Industries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Christian Appalachian Project Inc ($224.3m), Vinfen Corporation ($229.7m) and Elwyn of Pennsylvania and Delaware ($222.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.5m (0.7% of expenses). Other salaries and wages came to $59.1m. At year end it held assets of $156.3m against liabilities of $52.6m, net assets of $103.8m. It reported 4,310 employees.