Goodwill Industries Development Corporation

Analysis

Goodwill Industries Development Corporation is a registered charity in United States, based in Menasha, WI. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Goodwill Industries Development Corporation reported income of $187k and spending of $40k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $187k (+0.0%), an average of +0.0% a year. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodwill Industries Development Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Citizens for Elder Housing Inc ($187k), Harrison Township Historical Society ($187k) and Adeline Lucas Foundation Inc ($187k).

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 $437k, net assets of $1.8m.