Goodwill Industries Big Bend Inc

Analysis

Goodwill Industries Big Bend Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 1970, 56 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 2022, Goodwill Industries Big Bend Inc reported income of $39.1m and spending of $35.5m, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $28.2m to $39.1m (+39%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodwill Industries Big Bend Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Southeastern Michigan Health Association ($39.1m), Cenikor Foundation ($39.2m) and Special Health Resources for Texas Incorporated ($39.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $595k (1.7% of expenses). Other salaries and wages came to $15.0m. At year end it held assets of $56.4m against liabilities of $28.6m, net assets of $27.7m. It reported 1,672 employees.