Goodwill-Easter Seals Foundation Inc

Analysis

Goodwill-Easter Seals Foundation Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Goodwill-Easter Seals Foundation Inc reported income of $986k and spending of $1.6m, spending 166% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $986k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill-Easter Seals Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Choice for All ($985k), Yakima Rotary Charities ($986k) and California Product Stewardship Council ($985k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $295k (18% of expenses). Other salaries and wages came to $202k. It paid $76k in professional fundraising fees. At year end it held assets of $8.6m against liabilities of $1.5m, net assets of $7.2m.