Goodwill Leads

Analysis

Goodwill Leads is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Goodwill Leads reported income of $4.4m and spending of $5.1m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.4m (+4.7%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goodwill Leads sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Grace Academy ($4.4m), Global Ambassadors Language Academy ($4.4m) and Pittsburgh Institute of Mortuary Science Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $141k (2.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.9m against liabilities of $3.9m, net assets of -$1.0m. It reported 78 employees.