Goodwill Properties

Analysis

Goodwill Properties is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Goodwill Properties reported income of $186k and spending of $64k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $186k (+0.2%), an average of +0.1% a year. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Properties sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Alaska Association on Developmental Disabilities ($186k), Little Saigon Foundation ($186k) and Youth and Family Advocacy Services ($186k).

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 $1.2m against liabilities of $74k, net assets of $1.1m.