Missouri Goodwill Industries

Analysis

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 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, Missouri Goodwill Industries reported income of $2.1m and spending of $1.8m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.1m (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri Goodwill Industries sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Alliance for the Shenandoah Valley ($2.1m), Downtown Frederick Partnership Inc ($2.1m) and 2nd Call ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $937k. At year end it held assets of $1.5m against liabilities of $93k, net assets of $1.4m. It reported 51 employees.