Goodwill Specialty Services Inc

Analysis

Goodwill Specialty Services Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 2000, 26 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 (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 Specialty Services Inc reported income of $4.9m and spending of $5.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $4.9m (+2.5%), an average of +0.6% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Specialty Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Inter-County Community Council Inc ($4.9m), Center for Entrepreneurial Development ($4.9m) and Albina Vision Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.2m against liabilities of $1.9m, net assets of $308k.