Goodwill Endowment Inc

Analysis

Goodwill Endowment Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Goodwill Endowment Inc reported income of $269k and spending of $50k, leaving 82% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $408k to $269k (-34%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 351%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Endowment Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Youth Outdoors Unlimited ($269k), Horses of Hope Missouri Inc ($269k) and Leadership Idaho Agriculture Foundation Inc ($268k).

At year end it held assets of $11.9m against liabilities of $20k, net assets of $11.9m.