Goodwill Industries of N Georgia Inc

Analysis

Goodwill Industries of N Georgia Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 1934, 92 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Goodwill Industries of N Georgia Inc reported income of $13.8m and spending of $12.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $13.8m (+22%), an average of +5.1% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Industries of N Georgia Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Downtown Streets Inc ($13.8m), Careersource Palm Beach County Inc ($13.8m) and Building Bridges Across the River ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $581k (4.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $16.5m against liabilities of $1.5m, net assets of $14.9m. It reported 228 employees.